Author: Indu Bhusan Nath
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Waning Demand Keeps Coking Coal Prices Steady
MARKET TREND Demand for Coking Coal has undergone a wane as the major buyers halted their imports due to the escalating spot prices in the prime international market—Australia. As such, spot prices of the Premium HCC have remained stagnant at around USD 232.75/MT FoB Australia during the last seven days. At the same time, Coking…