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China coal cuts to spell pain for Japan steelmakers as prices soar

Tuesday, September 20, 2016 - 05:50

Hong Kong

JAPAN's steelmakers are set to pay for China's effort to manage its coal industry as a surge in metallurgical prices flows through to quarterly supply contracts.

Spot hard coking coal has more than doubled this year to trade near US$200 a tonne, and the gain will be taken

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