Corum Group believes the high prices for coking coal will remain until at least April 2017.
“It’s difficult to say what will be after that, as the situation depends on many macroeconomic factors”, Denis Shemyakin, the company marketing director, said.
According to him, world coal prices have been constantly growing since the year started. For example, they jumped from $73.4 per ton FOB Australia to $101 in April, and to $185 in September – a four-year maximum.
As to the iron ore, he said prices would not go on increasing, dropping from $51 per ton in Q4 to $45 in 2017. (Ukrainian metal)