Author: Aditya Sinha
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Australian coking coal prices drop on dampened market sentiment
Australian premium hard coking coal prices in FOB markets decreased marginally throughout the week, on subdued demand with buyers waiting on the sidelines being cautious amid high volatility. Prices had earlier fallen sharply last week following ArcelorMittal’s sell tender concluded at $126/t FOB Australia for 75,000 t of March-loading Goonyella. At present there is relatively…