InvestorsHub Logo
Followers 26
Posts 3320
Boards Moderated 21
Alias Born 08/18/2006

Re: None

Tuesday, 05/18/2010 7:50:03 AM

Tuesday, May 18, 2010 7:50:03 AM

Post# of 540
Why steel companies are still down?

Coking Coal Prices up 18% in April
Coking coal for immediate delivery traded at $1,610 yuan ($236) a ton as of April 30, according to McCloskey/Xinhua Infolink prices. That’s 18 percent more than the April quarter contract price of $200 a ton.

http://www.businessweek.com/news/2010-05-17/itochu-targets-mongolian-coal-to-expand-trade-as-prices-surge.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.