Participants in the seaborne coking coal spot market stayed on the sidelines on Tuesday December 4 even as bids on the Global Coal trading platform climbed.
A bid for a January-loading shipment in the branded segment was made at $234 per tonne fob Australia on the platform during the day, market sources said. This compares with $230 per tonne fob Australia just a day earlier. "I am not aware of any supply disruptions at the moment. In fact, our finished steel product prices for the January-March quarter next year have been adjusted downward by 1-3% as compared with...