coking coal prices - Latest news GMK Center

Indian buyers took a wait-and-see approach, while the Chinese market remained weak

Large volumes from non-Australian suppliers appeared on the market

The market is affected by a drop in domestic demand for steel in this country

Large reserves of local producers drive down the price

Coke plants increased inventories amid lower demand from steelmakers

Producers are trying to save margins amid rising prices for imported raw materials

The market is approaching equilibrium, traders say

China's rising coke production failed to lift prices due to oversupply

High warehouse stocks force producers to cut prices

A decline in import volumes by major consumers failed to support quotes

Analysts expect prices for these raw materials to remain below $200/t in the first half of the year.

Demand remains weak due to low steel production growth and economic factors