ArcelorMittal Sourcing issued an open expression of selling interest for an Australian coking coal combination cargo on 5 May’22. The company is offering a cargo of 72,000 t of Australian premium low-volatile Peak Downs and mid-volatile Peak Downs North coking coal for May 15-24 laycan. Market participants retreated to the sidelines to get a clear price direction from the tender. Australian premium HCC rose by $3/t to $521/t FOB on 4 May.
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