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Coking coal supplier’s annual talks with steelmakers to improve the benchmark contract price for 12 months from 1 April. Raw material suppliers of steel demand change coking coal pricing system. Coking coal suppliers want coking coal prices per quarter than the annual contract.

Company’s South Korean steel maker, said “agreement on prices for coking coal this year may be delayed because the main supplier of steel-making materials requires a change in the price system. The price of iron ore and coking coal for immediate delivery remained strong due to increased demand for economic recovery. ”

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