Coking coal prices are on fire — up more than 80% in six months
01 Sep 2016
Prices of coking coal, the steel-making kind, keep soaring on slowing supply growth from China and increased demand from Indian steel mills.
Far seems to be the multi-year lows struck in February, as the commodity has surged more than 80% since then, jumping 41% in August alone to nearly $140 a tonne, the highest level in over two and a half years.
SOurce: Mining.com