Tag: NSSMC

Australian Coking Coal: Nippon Steel settles semi-soft contract for Q4 CY19

Dec 17, 2019

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by

Aditya Sinha

in Coking

Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) has settled its October-December contract for semi-soft coking coal with an Australian supplier at USD 98/MT FOB Australia. This current settlement price represents a drop of almost 15 percent from the company’s third-quarter semi-soft contract price of USD 115/MT FOB Australia. Similarly, Nippon’s price for July-September…