GREY:CPYCF - Post by User
Post by
mokitaon Sep 30, 2012 3:12pm
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Post# 20430793
Today's price $170 a tonne/CEC feasibility $174!!!
Today's price $170 a tonne/CEC feasibility $174!!! Chinese demand metallurgical coal, whose low-ash and low-sulfur content makes it ideal for steelmaking, sent the price to a record $330 a metric ton in early 2011. But the Chinese economy is slowing and so is its steel industry, which has sent the price of coal used for steelmaking down nearly 50% to $170 a metric ton.