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Australian coking coal prices rise amid supply issues

Source: Steelmint Jan 27, 2022 10:00
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Ferrous Industry
Australian coking coal prices continued to rise amid tight supply. On 24 Jan'22 Australian premium HCC FOB prices were at $444.50/tonne (t) , up by $25/t w-o-w.
  Demand for Australian coking coal is high because of restocking needs from end-users across ex-China markets. This price rise is supported not only by demand but also due to supply constraints.   Limited availability of spot premium hard coking coal from major miners amid Covid restrictions and subsequent labour issues, coupled

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