Bids on premium category cargoes were heard around $210-217 per tonne fob Australia basis.
Offer prices continue to remain above $220 per tonne fob Australia basis, sources added.
“Sluggish Australian supply is creating a tightness and some steel mills in north Asia are exploring alternative options, including buying Chinese coking coal as they did during cyclone Debbie in April this year,” a steel mill source from the...
