Anglo settles Q2 coking coal benchmark at $120 with Japan

Anglo American and Nippon Steel & Sumitomo Metals Corp have settled the second-quarter hard coking coal benchmark at $120 per tonne fob Australia, multiple sources told Steel First.

The settlement applies to Anglo’s premium product German Creek, while its Moranbah North was heard to be concluded at $116 per tonne fob Australia. While Japanese mills were previously said to demand...


Daisy Tseng

March 27, 2014

03:58 GMT