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Coking Coal Price Negotiation Starts in January
Japanese major steel makers and overseas raw material suppliers will start price negotiation of coking coal this month for shipment in fiscal 2010 starting in April. Raw material supply is tightening when steel output has rebounded worldwide and China has increased purchase volume of offshore raw materials. The spot price is now higher than the yearly contracted price in balance with Chinese domestic coal price. Global steel output is expected to increase in FY2010 from FY2009. Raw material suppliers show strong selling stances.
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 | Coking Coal Price Negotiation Starts in January
| | Japan H-Beam Makers Compete with China for Asian Export
| | Steel Plate Market Price Maintains Weak in Tokyo
| | Weak Galvanized Steel Wire Price, Tokyo
| | Flat Ferrous Scrap Price in Tokyo
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