Australian coking coal prices fall further to below $250/t FOB

Australia’s premium hard coking coal prices fell $14/t d-o-d to $244/t FOB as on 12 Jul’22. The bearish steel market has kept coking coal prices under constant pressure. The steel market is still struggling due to low demand. Due to heavy rains supplies from Australia may be impacted, although bearish demand is not supporting coking coal prices.


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