Tag: Australian coking coal
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Australian coking coal prices fall as buyers await ArcelorMittal tender outcome
Premium hard coking coal prices have fallen by $23/t d-o-d to $457/t FOB Australia. Prices are declining mainly because market participants have adopted a wait-and-watch approach awaiting the outcome of ArcelorMittal’s sell tender for 70,000 t of Australian premium low-volatile Peak Downs coking coal scheduled for today. The tender result is expected to impact the…