Coking coal market remains steady

Export prices for coking coal from Australia remain stable
on the back of low steel demand and output also remaining subdued from blast furnaces.

Currently the market for Premium Low-volume stands at $148/MT (FOB Australia) and that of HCC 64 Mid-volume stands at $131.50/MT (FOB) which costs $162/MT and $145.50/MT respectively while reaching India.

Currently there are no fresh contracts, market is expected
to revive once the blast furnaces start operating at higher rates-said sources.
  


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