Author: Aditya Sinha
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India: Met coke import prices soften on dwindling coking coal prices, weak China demand
The Asian seaborne metallurgical (met) coke market continued witnessing lacklustre demand with limited trade deals being concluded, and prices falling by $26/tonne (t) on the week, owing to two main factors. Lowered met coke production costs, resulting from the ongoing decline in coking coal prices, imported from Australia (down 14% w-o-w) and USA (down 7%…