China's key to 2020 coking coal prices: analysts

摘要

London—A softer outlook for China’s steel demand and output this year, after the Lunar New Year holidays at the end of January, may be crucial for steel, iron ore and coking coal prices, which have rallied since the start of 2020, analysts said. Chinese hot-roll coil steel prices have been falling in January after a long recovery over the fourth quarter of 2019, while rebar prices have been stable month on month due to seasonally weak demand, S&P Global Platts data showed.