21
Dec
07:58
Nippon Steel settles met coal contracts
Japanese steel producer Nippon Steel is reported to have signed a contract for coking coal supplies from Australia in the first quarter of 2021. The contract includes pulverised coal injection (PCI) at $97/tonne and semi-soft coking coal at $91/t fob Australia, Kallanish learns.
The fourth-quarter 2020 PCI price was $92.5/t and semi-soft coking coal was $86.5/t, down -12.9% and -12.7% respectively from the previous quarter.
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Anonymous
Very good overview of the weekly steel market.
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