Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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September 2008 | Steel Raw Materials


Australian mine openings push down coal price: Coking Coal Analysis


MBR has heard of a sale of Australian coking coal concluded at levels as low as $375/tonne fob.

  • MBR has heard of a sale of Australian coking coal concluded at levels as low as $375/tonne fob. This falls far below the previous level of around $400/tonne fob. This confirms that the market is indeed weakening.

    A reason for this has been the opening up of new mines in Australia. MBR has spoken to a number of...

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