Asia met coal prices stable, HCC supplies still abundant
Prices for metallurgical coal products in Asia were stable on Monday July 31 amid limited spot negotiations, while supplies of hard coking coal (HCC) and semi-soft coking coal remained plentiful, sources told Fastmarkets.
Key drivers
Most market participants said they expected spot prices to remain stable on Monday, especially with many in wait-and-see positions while awaiting further updates from the Chinese steel market.
