Tag: US coking coal prices
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US Coking Coal Prices Soften on Weak Steel Prices in Europe
The United States’ metallurgical coal export prices have been losing strength since last week, as lower steel rates weakened regional spot demand for raw materials from major producers in Europe. Moreover, prolonged US-China trade tensions have dampened buying sentiment among China-based end-users. Furthermore, China’s appetite for US met coal has been precariously imperiled by ample…