DAILY: China's coking coal may lose strength after brief rebound

China's coking coal market is likely to see its upward momentum fade after recent brief rebounds, some survey respondents said, citing the lull season for steel and the whole ferrous industry that typically starts from June.

On June 12, the national composite coking coal price under Mysteel's assessment gained a tiny Yuan 0.6/tonne ($0.08/t) on day to reach Yuan 1,341.9/tonne and including the 13% VAT. The domestic coking coal market showed mixed trends on Monday, with more miners raising their offers in response to a moderate