Tag: Coking Coal Prices
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Coking Coal Offers Move Further Down on Demand Losing Momentum
Coking Coal prices have exhibited a falling trend as there was a gradual withdrawal of import demand. It is due to the mandate of the Chinese government to cut down steel production by 50% in that country during mid-Nov’17 to mid-Mar’18 for reducing atmospheric pollution sentiments of the steel makers there have turned bearish. As such,…