In contrast, Mysteel’s assessed price for domestically-produced low-sulphur (at the maximum of 0.6%) coking coal firmed by Yuan 26.3/t ($4/t) on week to Yuan 1,424.4/t including the 13% VAT as of last Friday, or hitting an eight-month high. The price was equivalent to $191.6/t excluding the tax, or much higher
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