Tag: US coking coal prices
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US Coking Coal Prices Weaken Further Amid Subdued European Steel Demand
The Atlantic seaborne metallurgical coal and coke markets are continuing to soften, under pressure from weaker output growth and low prices for steel in certain key markets, particularly in Europe. With high stockpiles building at ports and steel mills in the Atlantic region, US coking coal producers are raising concerns that the excess raw materials…