Downstream market remains sluggish, coking coal price keeps declining

Steel market remains weak and price keeps depreciating due to sluggish international economy and the slow down of domestic economy increase.Asian Metal Copyright It is difficult to stop the downtrend in the short-term.Asian Metal Copyright Steel mills continues to place pressures on coking coal prices in order to reduce their production costs.Asian Metal Copyright .Asian Metal Copyright As a consequence, coking coal price keeps declining from March.Asian Metal Copyright Steel mills continues to place pressures on coking coal prices in order to reduce their production costs.Asian Metal Copyright Currently downstream steel and coal market remain weak and demand for coking coal keeps sluggish, however, large state-owned mills are still keeping producing at normal level.Asian Metal Copyright .Asian Metal Copyright As consequence, coking coal market is trapped with the two problems of lacking for the impetus to reduce production in domestic market and seeing no improvement for demand from overseas market.Asian Metal CopyrightSteel market remains weak and price keeps depreciating due to sluggish international economy and the slow down of domestic economy increase.Asian Metal Copyright It is difficult to stop the downtrend in the short-term.
.Asian Metal Copyright As consequence, coking coal market is trapped with the two problems of lacking for the impetus to reduce production in domestic market and seeing no improvement for demand from overseas marketAsian Metal Copyright