News

Gloucester coking coal price settlement

GLOUCESTER Coal has finalised coking coal price negotiations with key Japanese customers for the 2008/09 Japanese financial year.

The company says it got excellent results from the discussions, reflecting a buoyant coking coal market.

Negotiations confirm price increases in excess of 270% on previous contracts.

The new prices will apply to shipments made to Japanese customers since late April 2008.

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coal market, coking coal, Gloucester Coal

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