Last week, some large iron and steel enterprises in India and the international coking coal export enterprises signed a three-quarter coking coal supply contracts.
Among them, the amount of the contract signed with the Australian Anglo American 6.4 million tons, the contract price is basically the same with South Korea, German Valley coal coking coal contract price was $ 225 per ton, up $ 15 per ton than the second quarter, Moranbah North coal coking The coal contract price of $ 221 per ton, up $ 16 per ton than the second quarter.
Australia BMA three-quarter coking coal contract price has also been raised, scenery coal contract price was $ 225 per tonne, Gu Niela coal contract price was $ 221 per tonne. Coking coal contract of 6.4 million tons.
Peabody Energy Corporation third quarter coking coal contract price was slightly lower than the contract price of the other Australian coking coal export enterprises, for $ 221.45 per ton, the contract of 1.2 million tons.
Part of the steel prices in India also signed a three-quarter coking coal contract with the United States, New Zealand coking coal export enterprises. And U.S. Alfa resources company and Logan & Kanawha Coal Company signed the contract price of $ 170 per tonne, unchanged from the second quarter, the amount of the contract for 450,000 tons. And new energy companies signed the contract price of $ 216 per tonne, with a contract volume of 200,000 tons.
At present, the European steel companies still do not accept the three-quarter coking coal contract price of $ 225 per tonne is still large differences between supply and demand. Steel prices in Europe believe that the economic situation continues in the doldrums, coking coal prices will continue downstream, three quarters of the contract price is significantly higher. European steel companies want to indexation pricing coking coal export enterprises signed contracts to circumvent the risk of coking coal prices.
Due to the recent international coal markets have remained turbulent, iron and steel enterprises in China of imported coking coal demand is relatively weak, increase the domestic coking coal procurement efforts. Part of steel prices in China, said Australia's high-quality hard coking coal cif less than $ 230 per tonne will consider increasing imports.
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