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japan steelmakers oppose quarterly coal contracts

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Japan Steelmakers Suffer From China Cuts as Coal Tops $200

Japan's steelmakers are set to pay for China's effort to manage its coal industry as a surge in metallurgical prices flow through to quarterly supply contracts. Spot hard coking coal has more ...

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Index may replace negotiated coking coal quarterly ...

Japanese steelmakers led by Nippon Steel and Sumitomo Metal Corp have long resisted the idea of more flexible pricing, preferring the stability of supply under term contracts. But that is changing.

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Japan's Power Producers to Face China Coal Pain After ...

Mar 14, 2017 · First it was Japan's steelmakers, now it's the nation's power producers that are set to pay for China's coal policies. Japanese utilities may pay at least 29 percent more for annual ...

    Author: Ben Sharples, Tsuyoshi InajimaGet Price

Coal contract prices to surge as nation reduces capacity ...

Sep 07, 2016 · Metallurgical coal contracts are set for the longest run of gains since quarterly deals were introduced in 2010 as China cuts output and raises steel production. Spot prices for hard coking coal have gained more than 80 percent since the start of June to more than $150 a metric ton, surging above the third-quarter contract price of $92.5.

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RPT-Coking coal price talks stall as steelmakers, miners ...

SYDNEY/TOKYO, June 1 (Reuters) - Talks between Australian miners and Japanese steelmakers over coking coal supplies have stalled as the Japanese companies are pushing to move to more flexible arrangements from the current quarterly fixed-price terms. The Japanese are backed by BHP, the world's biggest producer of coking coal, a key steelmaking ...

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Large Japanese Steelmaker Considering Coking Coal Index ...

May 24, 2017 · Large Japanese Steelmaker Considering Coking Coal Index Usage for Q2 . By Edwin Yeo, Elizabeth Low and James Leech. May 24, 2017 - A large Japanese steelmaker is considering index usage to settle the second-quarter benchmark negotiations after hitting a deadlock late in the quarter, three sources told S&P Global Platts Wednesday, marking a possible landmark evolution in the .

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bhp qaurterly coal contract - BINQ Mining

Mar 20, 2013 · Japan steelmakers oppose quarterly coal contracts | Reuters. Jan 27, 2010 · The Japan Metal Daily on Tuesday reported that BHP Billiton (), one of the world's biggest coal producers, was seeking a quarterly contract on coal in . »More detailed

Japan close to iron ore price change - theaustralian.au

JAPAN'S leading steelmakers and the top three iron ore miners, BHP Billiton, Rio Tinto and Vale, are finalising a move to quarterly contracts, ending the benchmark system. According to a Financial ...

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Coking coal shreds its contracts - MacroBusiness

Coking coal shreds its contracts. ... Japanese steelmakers have been viewed as naturally conservative and 'married' to benchmarks. ... Annual or quarterly contracts for premiums across base ...

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Is coking coal pricing moving away from quarterly ...

Coking coal, the kind used in steelmaking, is currently set at quarterly benchmarks between Australian mining companies and Japanese steelmakers. "They want index-linked or fluctuating pricing.

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Nippon Steel to set April to June coking coal prices off ...

Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, has ended quarterly negotiations with Australian suppliers over coking coal prices for April to June and will set quarterly prices ...

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Question 1: The recent annual contracts for Japanese ...

There is a tendency for met coal to be traded on a spot index basis, even on a futures basis. The annual contract pricing mode maintained by Japanese steelmakers and Australian suppliers for years already switched into quarterly pricing in 2010. China plays a key role in driving the seaborne met coal market into spot pricing, and accordingly will

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Coking Coal Price Talks Stall as Steelmakers, Miners Spar ...

Coking Coal Price Talks Stall as Steelmakers, Miners Spar on Contract Terms By Jim Regan and Sheldrick June 1, 2017 - Talks between Australian miners and Japanese steelmakers over coking coal supplies have stalled as the Japanese companies are pushing to move to more flexible arrangements from the current quarterly fixed-price terms.

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Question 1: The recent annual contracts for Japanese ...

There is a tendency for met coal to be traded on a spot index basis, even on a futures basis. The annual contract pricing mode maintained by Japanese steelmakers and Australian suppliers for years already switched into quarterly pricing in 2010. China plays a key role in driving the seaborne met coal market into spot pricing, and accordingly will

Get Price

Coking coal price jumps to six-year high – MINING.COM

The price of coking coal gapped higher again on Thursday with the industry benchmark price tracked by the Steel Index surging 4.6% to $314.00 a tonne due to continued supply outages following ...

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Japan steelmakers fret over BHP's control of coking coal ...

Japan steelmakers fret over BHP's control of coking coal ... But now that BHP may obtain coal assets from Anglo, the Japanese steelmakers may be forced to re-examine their procurement strategies ...

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Is coking coal pricing moving away from quarterly ...

Jun 01, 2017 · Coking coal, the kind used in steelmaking, is currently set at quarterly benchmarks between Australian mining companies and Japanese steelmakers. "They want index-linked or fluctuating pricing.

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Nippon Steel to set April to June coking coal prices off ...

Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, has ended quarterly negotiations with Australian suppliers over coking coal prices for April to June and will set quarterly prices ...

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Coal miners may shift to monthly contract to arrest price ...

Feb 25, 2011 · Coal miners may shift to monthly contract to arrest price volatility Large users of coal such as steelmakers and utility companies will now have to learn to manage another problem, that of monthly coal supplies in place of quarterly contracts.

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BHP Coal Contract Change Spares Consumers Price Surge ...

Jan 05, 2011 · It agreed with Japan's JFE Holdings Inc. to the first three-month coking coal contract in March.Coking coal and iron-ore suppliers traditionally held annual talks with steelmakers to fix benchmark contracts for the 12 months from April 1, the start of the Japanese financial year. Quarterly accords mean producers can spread price increases ...

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Japan close to iron ore price change - theaustralian.au

JAPAN'S leading steelmakers and the top three iron ore miners, BHP Billiton, Rio Tinto and Vale, are finalising a move to quarterly contracts, ending the benchmark system. According to a Financial ...

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