Tag: Australian Coking Coal Prices
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Australian Coking Coal Prices Sink on Concerns over Weak Steel Margins
Seaborne premium hard coking coal prices slipped as Chinese steel margins decline, although prices for the 64 Mid Vol HCC grade remained relatively stable. In the FOB market, recent concerns over adverse weather conditions in Queensland eased as Cyclone Owen dispersed bearing minimal impact than feared. Also, vessels queue at the Dalrymple Bay Coal Terminal…