Tag: Coking coal Index
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India: Steel inventory, high imports weigh on BigMint’s coking coal index
BigMint’s newly launched coking coal index for premium hard coking coal (PHCC) was assessed at $211/t CNF Paradip, India, as on 31 August 2024. Indian steel mills remained less active in booking spot coking coal cargoes in the beginning of the month. Increasing steel inventory, falling steel exports and arrival of previously booked imported cargoes…