Tag: Australian Coking Coal Prices
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Global coking coal prices plunge 30% in June as global steel demand turns tepid
Australian coking coal prices fell by 30% in a month as the premium HCC grade is currently assessed at $376/t FOB Australia, against $530/t FOB seen around the same time last month. In the US coking coal market, prices fell by up to 20% m-o-m to $371/t FOB basis. This fall in prices can…