Source: 225 dollars Australian coking coal settlement not too shabby for sellers

摘要

The reaction of many observers to BHP Billiton's 225 dollars/metric tonne coking coal settlement for the second fiscal quarter with Japanese buyers seems to be one of at least mild shock, but not everyone expected the 240-250 dollars figure numerous sources anticipated. Maybe a little more consideration should have been given to the plight of the buyer. After all, steel prices haven't been moving up like analysts thought they would, and raw materials prices haven't backed off, with the exception of the recent drop in iron ore numbers.