Tag: Australian Coking Coal Prices
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Australian Coking Coal Market Muted Amid Inactivity on Uncertain Steel Outlook
Australian premium hard coking coal prices were mostly flat so far this week, after a $5.50/mt jump on last Friday, while prices for the 64 Mid Vol grade were steady. Deepening concerns about weak steel prices in the Chinese market had resulted in a slowdown in coking coal trading activity. Moreover, Chinese end-users are heard…