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.
