ANALYSIS : PCI coal prices regain relativity with HC in new $135/mt deal

摘要

PCI coal is coming into focus again, as miners seek to tightenprice relativity of the blast furnace coke substitute to benchmarkpremium hard coking coal after PCI lost strength this year.The latest Q4 2017 settlement between South Korea’s majorsteelmaker POSCO for low vol pulverized coal injection (PCI) at $135/mtFOB Australia, is up on Japan’s JFE Steel settlement for Q4 made inSeptember at $127.50/mt FOB for similar material.