Business Services Industry
JAPAN & AUSTRALIA MAKE HISTORICAL STEAMING COAL PRICE SETTLEMENT.
AsiaPulse News, May, 2002
BRISBANE, May 9 Asia Pulse - For the first time in the history of annual Australia/Japan coal contract negotiations, prices for steaming coal has been settled before hard coking coal.
Analysts say the powerful Japanese steel mills, led by the influential Nippon Steel, are dragging the chain and stalling the coking coal talks.
Pressure is mounting on the mills to agree to hikes, given some European customers had already signed off at a US$48 per tonne free on board (FOB) deal.
Some local suppliers, who did not wish to be named, confirmed to AAP that they too had secured US$48/tonne in Europe, but declined to comment on volumes agreed too.
Australian Mineral Economics coal analyst Lawrie Fanshaw said Nippon Steel would have let Chubu...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
