Tag: US Coking Coal
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US Coking Coal: Prices slide as sluggish steel demand pressures mill margins
US coking coal prices continue to slide as overall demand is still sluggish, with steel market fundamentals and mills’ profit margins continuing to weigh heavily on regional sentiment. Steel production declines are gathering pace in the Atlantic Basin, and reducing consumption of coking coal, as offtake from steel buyers in the US and Europe reduced,…