Industry News

Coking coal price surge backed by demand as supply woes add froth

Views : 70
Update time : 2023-02-08 16:39:32
Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. REUTERS/David Gray/File Photo

LAUNCESTON, Australia, Feb 7 (Reuters) - The price of coking coal has surged to a seven-month high, but the question is whether the rally in the fuel used to make steel is down to an improving economic outlook, or whether supply issues in top exporter Australia are to blame.

Related News
Read More >>
Overseas alumina prices continue to decline, domestic alumina price difference between north and south China narrows Overseas alumina prices continue to decline, domestic alumina price difference between north and south China narrows
Jan .24.2025
Overseas alumina prices continue to decline, domestic alumina price difference between north and south China narrows
Entering the Chinese New Year holiday, market trading is sluggish Entering the Chinese New Year holiday, market trading is sluggish
Jan .24.2025
Entering the Chinese New Year holiday, market trading is sluggish
Trade & Pricing: Europe's billet market trend 2024-2025 Trade & Pricing: Europe's billet market trend 2024-2025
Jan .24.2025
Trade & Pricing: Europe's billet market trend 2024-2025
Marcegaglia UK includes new stainless steel tube production at Oldbury facility Marcegaglia UK includes new stainless steel tube production at Oldbury facility
Jan .24.2025
Marcegaglia UK includes new stainless steel tube production at Oldbury facility