Chinese steel mills in various parts of the country have received verbal notices from regional customs for port clearance of stranded Australian coals, several sources familiar with the matter told S&P Global Platts Oct. 28. The move could ease the tight domestic supply of coal, while lowering prices within a reasonable range, market participants said. …
The post China To Grant Port Clearance To Stranded Australian Coals: Sources first appeared on Hellenic Shipping News Worldwide.
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