Author: Aditya Sinha
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China: Dalian coking coal futures edge down on subdued demand outlook
Chinese coking coal futures decreased as much as 3% on Tuesday, 17 Aug’21, amid expectations of shrinking demand from steel mills and coking plants, while supply-side shortages were expected to recover. China’s crude steel output fell for a second straight month in Jul’21, down 7.6% m-o-m to 86.79 million tonnes (mn t), as the country…