Research

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

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March 2016 | Steel Raw Materials


Tighter supply availability widens met coal premiums: Latest Analysis


MBR anticipates India will remain one of the largest importers of metallurgical coal in the medium term, due to a lack of adequate domestic metallurgical coal reserves required to supply their growing steel industry.

Chinese premium and hard coking coal benchmarks climbed 1.6% and 2.3% week-on-week to stand at $80.71/t and $77.79/t, CFR Jingtang, respectively, on Monday 29th February 2016, as tighter market fundamentals provided support to major seaborne prices. We believe that relatively lower major domestic port stocks has provided...

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