04
Jul
05:17
Metallurgical coal prices set to decline further
Prices for Australian metallurgical coal are forecast to decrease from $273/tonne in 2023 to around $200/t by 2025 as supply conditions improve, according to the Australian government’s latest Resources and Energy quarterly report seen by Kallanish.
Global metallurgical coal supply is expected to grow modestly during the outlook period, though low investment in expansions and new mines could act as a constraint. The market is expected to remain in margi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous