POSCO To Pay $167 A Tonne for Soft Coking Coal
South Korea's POSCO, the world's fourth-largest steelmaker, is to pay Xstrata $167 per tonne for its April-June soft coking coal imports, according to a report by Reuters. The news agency quoted a source with knowledge of the deal.
The price compares with last year’s price of $80 per tonne last year.
Hard coking coal and pulverised coal injection (PCI) would be likely imported at $200 and $170 respectively, the same as Japanese and Chinese mills were paying.
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