Atlantic steel drivers limit interest for US spot met coals

摘要

London—Atlantic met coal markets remained quiet Tuesday with spot liquidity affected by low steel operating rates in Europe. In addition, earlier Australian and US index declines found limited buying interest in July and August loading periods. S&P Global Platts assessed US East Coast low-vol HCC down $1 to $171/mt FOB, based on 58% coke strength after reaction and 19% volatile matter material. The Platts US high-vol A index fell $2 to $182/mt FOB USEC, based on 32% volatile matter, 1.1% reflectance straight coal and low ash and sulfur, and CSR typically in the low 60s.