ArcelorMittal Sourcing floats sell tender for 75,000 t Australian coking coal

ArcelorMittal Sourcing, the trading arm of ArcelorMittal, has issued an open expression of selling interest for a 75,000 t cargo of Australian premium mid-volatile coking coal Peak Downs North. Buyers have retreated to the sidelines to get a clear price direction from the outcome of the tender. Australian premium hard coking coal prices were assessed at $520/t FOB on 9 May’22.