Chinese Coking Coal Price Up 4.9%

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Commodities, Metal Prices, Premium

On April 2, 2013, the day’s biggest mover was Chinese coking coal, which saw a 4.9 percent increase to CNY 1,700 ($274.02) per metric ton. The price of Chinese HRC remained steady at CNY 3,830 ($617.36) per metric ton. The price of Chinese slab held steady at CNY 3,820 ($615.74) per metric ton. The price of iron ore 58% fines from India hit a high price of CNY 840.00 ($135.40) and a low price of CNY 830.00 ($133.79) per dry metric ton.

Also on the LME, the steel billet cash price saw little change in its price on Tuesday at $185.00 per metric ton. The steel billet 3-month price showed little movement on Tuesday on the LME at $205.00 per metric ton.

The 3-month price of the US HRC futures contract held steady around $618.00 per short ton. The US HRC futures contract spot price showed little movement on Tuesday, hovering around $609.00 per short ton.