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Australian coking coal miner Tahmoor Coal has secured a $140 million private-credit loan from RRJ Capital to restart its operations
Benchmark coking coal contract in China retreats more than 3%.
Chinese coking coal prices were heading for the biggest monthly gain on record, as supply of the steelmaking raw material tightens on the back of output disruptions and tougher safety checks.
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Rising coking coal prices pushed China’s benchmark coke futures contract up 3.94% to 2,174 yuan a metric ton as mills continued restocking inventories.
China’s Benchmark Coking Coal Contract Gains 3.71%, Reaching 1,438 Yuan a Ton
China’s Benchmark Coking Coal Contract Gains 3.07%, Reaching 1,429 Yuan a Ton
CHINA’S MOST-TRADED COKING COAL CONTRACT GAINS OVER 3%
China’s Most-Active Coking Coal Contract Gains 3%
China’s most-active coking coal contract drops 3.21% to 1,446 yuan/ton
China’s coking coal squeeze is set to persist into next year, supporting strong import demand even as efforts to revive domestic output start to cool prices
