01
Apr
03:52
Australia government expects met-coal prices to trend lower
Metallurgical coal prices are expected to broadly trend downwards in 2024, averaging $277/tonne for the year, as supply disruptions gradually diminish, Kallanish notes from an Australian government report.
The Department of Industry, Science and Resources says the prices will probably experience volatility in the latter half of 2024 due to the likelihood of a new La Niña cycle and associated disruptions.
Over the outlook period to 2029, the meta…
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Anonymous
Very good overview of the weekly steel market.
Anonymous