US HRC price falls may crimp margins against stronger coking coal, iron ore prices

摘要

The fall in spot US steel prices over recent months may beeating into margins after strong contract pellet premiums and US metcoal prices rose for 2019, up from 2018 contracts.US coking coal and blast furnace coke contracts for 2019 werediscussed this year a little earlier than usual on average, with pricesupport from strong steel prices and margins at the time. Settlementswere largely on a fixed price basis to many buyers, with higher qualitycoals reported to be getting over $140/st mine.