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China's coking coal prices tipped to correct in Q3 on steel curbs

Domestic coking coal prices in China are set to peak in the third quarter (Q3) amid sustained robust demand from steel mills, and then decline in the run-up to winter as demand softens from reduced steelmaking activity, delegates heard at an industry event on Thursday.

Shi Weijun
China's coking coal prices tipped to correct in Q3 on steel curbs

Looming steel production curbs are a major swing factor facing China's steel sector in the second half (H2) of the year. Steelmakers have received verbal notification that a production cut will be forthcoming...

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