Arab Steel Summit
Arab Steel Summit
Arab Steel Summit

Coking coal falls further amid high supply

Australian coking coal prices continued to drop in deals amid sufficient supply in the Asian market.

Premium hard coking coal has decreased by $5/t to $118-120/t FOB this week.

The Chinese market has been quiet amid strict environmental measures imposed on steelmakers in Tangshan, the main steel producing city in the country. No deals for the US or Canadian coking coal were reported.

Local price for coke plunged by RMB 200/t ($30/t), with demand being affected by steel production cuts.

Coking coal prices will not recover in the short term, insiders believe.


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الاتحاد العربي للحديد والصلب

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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