BHP Billiton-Mitsubishi Alliance has signed August contracts with several European steelmakers at 218-219 dollars/mt, FOB Australia, for its top premium low-vol hard coking coal brands Peak Downs and Saraji, market sources reported this week. This is 5 dollars/mt lower than the price settled for July loadings, which was 223-225 dollars/mt FOB Australia, according to a number of market participants.
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