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Metallurgical coal margins transformed, but for how long?

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Report summary

Spot prices for hard coking coal have continued their stratospheric rise in early October, as coal supply disruption and better-than-expected steel demand kept the market tight. The Q4 settlement at US$200/t has conferred much of the benefit of the spot price rises to all contract tonnes, providing a welcome respite to miners' finances. In this video we look at some of the recent market moves, the impact on mine margins, and assess the likelihood of ongoing disruption.

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    Metallurgical coal margins transformed but for how long.wmv

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