Australia: JSW Steel Global coking coal tender remains unawarded on low bids

JSW Steel Global Trade Pte Ltd that had issued an expression of selling interest for 75,000 t Australian coking coal (Goonyella C/ Caval Ridge). The tender was not awarded because of very low bids received. Now the company is offering the entire quantity at $297/t on FOB basis. Following this, Australian premium coking coal prices fell by $13/t d-o-d to $302/t FOB Haypoint.


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