Coking Coal Market Report November 2013
2013-12-04 18:20:36 【Print】
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Weak market, tight capital and urged receivable from suppliers are the factors contributing to cash-flow issues existed in most steel mills
. Besides, most stocks have been replenished in late August, which indicated demand reduced . Hence, the future market is unlikely to improve . To ensure production safety, coal mines choose to reduce output towards the end this year, in this situation, price is unlikely to drop and the future market will mainly remain stable.