Offers of top-quality coal into China remained above $170
per tonne cfr China, and some steel mills are starting to show
interest around those levels, according to market sources.
"While a major reason behind the recent rally in seaborne
prices is traders’ buying cargoes at higher
prices, the steel sector performance, especially in China, and
partially in India, is good as well," a buyer source in the
South Asian country said. Another trader echoed...