Iffy economics could lead to met coal buyers looking at spot deals, fewer contracts

摘要

Look for international coking coal buyers to turn more to the spot market as they attempt to control costs in an environment in which demand is, to some large extent, at the mercy of an extremely iffy economic environment. In addition to moving more toward spot purchases, buyers are likely to continue to broaden their specifications in order to avoid being too dependent on the most expensive grades of coking coal.