WEEKLY: China's coking coal supplies remain limited, prices strengthen

The 523 Chinese coking coal mines under Mysteel's nationwide survey reported lower production over June 4-10. Tight supplies continued to boost domestic coking coal prices despite faltering market sentiment, the results of Mysteel's latest survey indicated.

During the survey period, raw coal output among the sampled 523 mines dropped for the third straight week to average 1.56 million tonnes/day, down another 2.2% from the previous week. Slow restarts among coking coal mines in North China's Shanxi continued to weigh on domestic coking coal supplies. Following the