Fastmarkets proposes to amend the load port of its hard coking coal and pulverized coal injection (PCI) spot prices, fob DBCT, to fob eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.

Fastmarkets invited feedback from the industry on the pricing methodology for its coking coal indices and coke assessment, via an open consultation process between February 20 and March 31. This consultation was done as part of our published annual methodology review process.

Prices for import pig iron in the United States rose in the week to Friday December 30 on reduced stocks and expectations of higher scrap and steel prices in early 2023