MYSTEEL: Multiple factors reshape Russia's coking coal flows to China

Russia's coking coal sales into its largest overseas market China have experienced some clear alterations in the past several months of this year, driven mainly by shifted selling channels of Russian miners, more payment hurdles for trading, and rising price sensitivity among Chinese buyers.

Deliveries of Russian K10 lean coal – a grade used for blending in coke ovens – to China had come to a halt after a vessel of cargoes arrived in May, as the miner declared force majeure. Sources reported that it remains unclear when the shipments could be resumed,