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Strengthening demand good for met coal market

THE metallurgical coal market started to warm up in May due to stronger demand amid a round of restocking in China, according to a report by Wood Mackenzie.

Lou Caruana
China still needs coal despite the increasing smog in major cities like Beijing.

China still needs coal despite the increasing smog in major cities like Beijing.

It said operating rates at blast furnaces in north China recovered and greater demand for coke spurred a round of coking coal restocking.    "Improving coke production in June will further fuel the...

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