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BHP May Accept 13% Cut to Coking Coal Prices as Supplies Rise
BHP Billiton Ltd., the world’s largest mining company, may accept a 13 percent cut in hard coking coal prices from April as supplies increase and steelmakers slow the pace of capacity expansion.
Prices of premium coal used to make steel may fall to $100 a metric ton starting April 1 from $115 a ton, according to [...]
