The Conversation (0)
Bloomberg reported that shipments of coal from Australia’s Hay Point port dropped 14 percent in January from a month earlier as mines and rail networks recovered from flooding in Queensland.
Bloomberg reported that shipments of coal from Australia’s Hay Point port dropped 14 percent in January from a month earlier as mines and rail networks recovered from flooding in Queensland.
The article states that:
Steelmakers may be forced to pay as much as 78 percent more for hard coking coal after floods in Australia curbed output in the biggest exporting nation for the fuel.