US hurricane worries Indian coking coal buyers

摘要

Indian steel producers have been exploring options in the spot market for Australian coking coal amid concerns that a hur- ricane approaching the US east coast could disrupt shipments. Hurricane Florence was upgraded to a category 4 storm on 10 September and could make landfall in the US mid-Atlantic region between Virginia and South Carolina by 14 September. The storm could force US coal terminals in the Hampton Roads region to close temporarily, but it may have a bigger impact on global coking coal spot prices if rail lines to the port are fooded.