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

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June 2008 | Steel Raw Materials


Cleveland-Cliffs lifts met coal force majeure:Coking Coal Analysis


Cleveland-Cliffs has lifted the force majeure on deliveries of metallurgical coal from its Pinnacle mine in West Virginia.

Cleveland-Cliffs has lifted the force majeure on deliveries of metallurgical coal from its Pinnacle mine in West Virginia. The force majeure has been in place since March, when miners struck upon a sandstone fault area within the coal panel they were mining. The company maintains that its total production for 2008 should be 4.3m tonnes (2.6m tonnes from Pinnacle, 1.4m tonnes from Oak...

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