Tag: Metallurgical Coal

Coking Coal Offers Stagnant but Logistical Issues in Australia to Support Prices

May 23, 2018

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by

Aditya Sinha

in Coking

MARKET TREND Coking coal prices were undergoing a constant freefall—due to weak demand and ample supply—since its Jan’18 peak of USD 265/MT FoB Australia. Recently however, the trend is being reversed, with the strong global steel prices. The Australian hard coking coal market appears to be poised for further strength owing to the prospects of…