Prices may improve in the final quarter of this year
The outlook for prices may improve in the final quarter of this year because governments’ stimulus measures will have had some time to take effect. For full story, click here
Articles Tagged "prices"
Rio Agrees to Slash JSW’s Coking Coal Prices by 43%
The company agreed to cut coking coal prices for India’s JSW Steel Ltd. by 43 percent for the last three months of an annual contract after global demand slumped. Jim Lennon, London-based analyst at Macquarie Group Ltd., said: This shows that companies are willing to be flexible in these unprecedented times, $175, however, is still [...]
Steel producers renegotiate prices with coal suppliers
Steel manufacturers, both in private and public sectors, have started renegotiating coking coal prices with overseas suppliers, mainly those in Australia, in view of present economic slowdown hitting the steel industry. For full story, click here
Qinhuangdao coal prices fall by 30% in a month
China’s coal prices at Qinhuangdao, a domestic benchmark, fell by 30% in a month because of weaker demand for the fuel. For full story, click here
BHP, Rio May Have to Cut Coking Coal Prices 33%
Rio Tinto Group may have to cut contract prices by a third next year because of slumping demand from steelmakers, according to a survey of analysts. For full story, click here
Qinhuangdao coal prices fall by 30% in a month
China’s coal prices at Qinhuangdao, a domestic benchmark, fell by 30% in a month because of weaker demand for the fuel. For full story, click here
Coking Coal firm to raise prices in China
China’s leading coking coal producer, Xishan Coal and Electricity Power, reported that it had raised prices for washed coking coal and fat coal by 300 yuan ($43.7) per tonne from August 1. For more information, click here
