Research

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

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July 2017 | Steel Raw Materials


Supply concerns keep prices firm: Coking Coal and Coke Market Analysis


Prices have remained strong after several announcements in the past weeks, which continue to affect sentiment by raising doubts about future supply.

For the past three weeks, seaborne coking coal prices have been lifted by greater operating margins at mills, enabling them to build stock and keep productivity rates high. In mid-June, domestic coking coal prices in China dipped to their lowest levels since October last year, and only days after, seaborne coking coal prices fell to their lowest levels since the end of August. However, prices have been on steady upward path since the dip last month. The...

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