Author: Aditya Sinha
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Australian coking coal suppliers lower offer levels to garner buying interest
Australian coking coal prices have dipped slightly this week, despite continued demand from non-Chinese steelmakers for competitively priced premium hard coking coals. Earlier this week, however, a fresh flurry of bookings was done in the premium coking coal segment, driving prices slightly higher on an FOB basis. A trade was done at $103.33/t FOB Australia,…