Author: Indu Bhusan Nath
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Coking Coal Offers Dip on Waning Demand
MARKET TREND Subdued demand has eroded the intensity of trading activity in the Coking Coal market in Australia—the prime export market for the coal. Demand for the coal has slacked as the steel market in China turned sluggish, resulting in unsold inventories of steel rising at the steel mills in that country. In response, the…