Asia’s coking coal price finds support at $80/t

摘要

Mining firms and Japanese steelmakers are likely to settle firstquarter benchmark prices for tier one coking coal above $80/t. Coking coal producers are starting to meet with Japanese steel firms this week for formal discussions on contract prices for January-March. The fourth-quarter 2015 benchmark for premium hard low-volatile coking coal settled at $89/t fob Australia.