China’s main economic planning agency the NDRC has resisted calls from steelmakers to relax restrictions on coking coal output amid surging prices, reducing the chances of a policy reversal that would increase supplies. The NDRC has called increasingly frequent meetings to address thermal coal supplies ahead of the winter season, but has lifted restrictions on only a handful of coking coal mines. State-owned Shanxi Coking Coal said its fourth-quarter sale- able coking coal output will increase by less than 1mn t.
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