Met inventories could be dwindling as steel business remains strong

摘要

All is relatively quiet on the metallurgical coal market front, but the steel business remains strong, and some potentially sizeable volumes of spot tonnage could be needed by a number of buyers in the fourth quarter if not sooner. That's the standard forecast of several Coal & Energy Price Report sources, who expect activity in the coking coal arena to pick up in the next few months as coal inventories fall and the need for coke rises.