US coking coal prices continue to hover at levels witnessed last week as high-vol A hard coking coal (32.25% volatile matter, 7.5% ash, 0.95% sulphur) prices fell $5/t w-o-w to $475/t FOB Hampton Roads. This was on account of Chinese buyers staying on the sidelines due to the COVID-19 lockdown. Buyers were waiting for ArcelorMittal’s coking coal tender, finally concluded at $383/t FOB, which could provide a clearer market direction
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