South Korea's coal imports fall to 4-mth low in Oct

Coal imports by South Korea -- the world's fourth largest importer of the fuel -- hit a four-month low of 10.09 million tonnes in October, down by a marked 10.1% from September, though the volume was still 11.5% higher than the year-prior level, new data from the Korea Customs Service (KCS) show.

The import value last month also slumped 14.7% on month to $1 billion, as per the Customs data. That translated to an average coal import price of $100/t in October, lower by $5.4/t from the previous month, Mysteel Global calculated based on the data. By origin, Australia maintained its position