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“Panic selling” crashes coking coal, Budget next

September 20, 2019 - 12:00 -- Admin

Goodbye Budget. Via Mining: The Australian export price of metallurgical coal (FOB hard coking coal Fastmarkets MB) used in steelmaking tanked 7% to $122.50 a tonne. That’s down almost $70 a tonne compared to the start of the year. Fastmarkets MB in a market report says the availability of ample cargoes of lower quality seaborne

The post “Panic selling” crashes coking coal, Budget next appeared first on MacroBusiness.

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