03
May
08:02
Coking coal stays subdued amid weak demand
Australian fob coking coal was subdued during the week ended 3 May amid weak demand.
Kallanish assessed premium hard coking coal at $247.49/tonne fob Australia, slipping $1.47/t from $248.96/t fob the previous week.
On the Singapore Exchange, Premium Coking Coal Futures for June settled at $253/t fob on Friday. This was versus a May settlement price of $259/t fob a week earlier.
According to traders, Japanese steel maker JFE Steel bought 30,000t of German Creek…
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Anonymous
Very good overview of the weekly steel market.
Anonymous