WEEKLY: China's coking coal inventories come off highs

China's coking coal inventories started to decline from the previous record highs during the week of June 23-27, ascribed mainly to notable output reductions and improved sales at coal mines.

Mysteel's survey shows that total raw and washed coal stocks at the 523 coking coal mines it surveys across China logged the first drop following two months of consecutive rises, lower by a notable 4.5% from a week before to reach 11.47 million tonnes as of June 24. Behind the