Tag: Coking Coal
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Global coking coal rally continues amid Ukraine-Russia crisis, buyers seek alternative sources
The current global coking coal market sentiments are dominated by the Russia-Ukraine war and the subsequent sanctions on Russia. Against the backdrop of the completely changed trade dynamics, countries are avoiding purchases of coking coal from Russia and looking for alternatives. On 2 Mar’22, the Australian premium HCC FOB price was at $457/t, up $10/t…