March 2016 | Steel Raw Materials
Met. Coal prices rebound due to tighter Australian supply and firm ex-China demand: Latest Analysis
MBR anticipates that the Chinese coal industry will gradually become more concentrated (i.e. fewer producers) with the mergers of state-owned miners.
Tight fundamentals in the seaborne hard coking coal market have contributed to higher spot benchmarks over the past month. In fact, heavy rainfall in Queensland, Australia, through January and February has caused some delays to shipments; with March and April laycan becoming relatively tight. Consequently, Steel Firsts Australian Premium Hard...
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