Australian premium hard coking coal prices on a fob basis rose to $313.35/t on 10 September amid tight supply availability.

Australian premium hard coking coal prices on a fob basis rose to $313.35/t on 10 September amid tight supply availability.

A Baltic supplier sold HMS 1/2 80:20 at $445/t and bonus at $460/t cfr Iskenderun for October shipment yesterday evening.

Ferroglobe had not confirmed the closure to Argus at the time of writing and was not immediately available for comment.

MoIT sustains anti-dumping duty on Malaysia’s H-shaped steel

Steelmakers are concerned that the European Commission might suspend duties on some steel products.

The spread is over four times as wide as the $326/st from a year ago.

Demand usually picks up during the Indian festivals of Dussehra and Diwali, which is celebrated in October and November, respectively.