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Japan steel mills flag price hikes with coal at 4-year high

Coking coal has soared after China cut output and raised steel production

Thu, Sep 29, 2016 - 5:50 AM

Tokyo

JAPANESE steelmakers plan to increase prices to cover rising input costs as traders forecast a near-doubling in coking coal contract prices next quarter to a four-year high.

Coking coal has soared after China cut output and raised steel production, posing a new threat to...

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