October 2008 | Steel Raw Materials
Coal prices slip: Coking Coal Analysis
The price of coal in the major producing regions has begun to slip due to the worsening economic situation, which is forcing cuts in steel production, and therefore cuts in demand for coal.
The price of coal in the major producing regions has begun to slip due to the worsening economic situation, which is forcing cuts in steel production, and therefore cuts in demand for coal. So far, the fall in price has not been too great, but it has been steady, and is likely to fall further in the coming weeks. It has to be said though, that the number...
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