Atlantic met coal prices hit by weak sentiment on narrow regional steel margins

摘要

London—Atlantic metallurgical coal prices were stable Thursday as weak trade sentiment remained in Europe. Narrow regional steel margins due to iron ore’s rise and weaker steel production limited spot trade interest at higher prices this week. With low immediate demand, US suppliers quieted activity ahead of the upcoming public holiday in the US this weekend. Some met coal buying for alternatives to typical US East Coast sources was reported earlier this week.