GREY:CPYCF - Post by User
Comment by
chrisaleon Jul 14, 2012 3:53pm
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Post# 20113800
RE: RE: RE: RE: RE: RE: CEC is 88% Met Coal for St
RE: RE: RE: RE: RE: RE: CEC is 88% Met Coal for St The difference was around $40 between Australian semi soft and thermal in May according to reports from Platts and Index Mundi.
https://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8284204
https://www.indexmundi.com/commodities/?commodity=coal-australian&months=60
https://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8272610
Going down the line of qualities in May... Premium hard coking: $223
Second Tier Hard Coking: $191
Semi Soft (Raven): $147
Thermal (Raven)l: $101
Raven coal is much closer to thermal quality and price than it ever will be to real coking coal, and splits the difference between the second rate coking coal and thermal. Anyone who tells you Raven coal is essential for the steel making market is... Not correct.