Seaborne coking coal prices were firm on Friday February 23 even though concerns about weather-related disruptions to rail services in Queensland, Australia, were allayed.
Rail freight operator Aurizon said during the day that Goonyella rail system had re-opened on Thursday evening and that the remainder of the Central Queensland Coal Network remained open and operational. But market sources said that disruptions aside, the supply of coking coal remained tight because rail capacity remained an issue in addition to production constraints in Australia.Earlier this week, Wesfarmers said...