Beijing's North Korea coal ban causes jump in market prices



News Beijing’s North Korea coal ban causes jump in market prices Scale of China's coal and steel industries could make effects shortlived: expert Leo Byrne February 20, 2017 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Ray Cunningham Market prices for coking coal jumped on Monday, following Beijing’s announcement that it would cease importing North Korean coal for the rest of 2017, according to industry news outlet mining.com. North Korea is one of China’s largest suppliers of coal, and the country’s principal source of foreign anthracite – a clean-burning form of coal used in making coke: essential to the manufacturing of steel. Market prices for coking coal jumped on Monday, following Beijing’s announcement that it would cease importing North Korean coal for the rest of 2017, according to industry news outlet mining.com. North Korea is one of China’s largest suppliers of coal, and the country’s principal source of foreign anthracite – a clean-burning form of coal used in making coke: essential to the manufacturing of steel. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Beijing’s North Korea coal ban causes jump in market prices

Scale of China's coal and steel industries could make effects shortlived: expert

Leo Byrne February 20, 2017

Beijing’s North Korea coal ban causes jump in market prices

Ray Cunningham

Market prices for coking coal jumped on Monday, following Beijing’s announcement that it would cease importing North Korean coal for the rest of 2017, according to industry news outlet mining.com.

North Korea is one of China’s largest suppliers of coal, and the country’s principal source of foreign anthracite – a clean-burning form of coal used in making coke: essential to the manufacturing of steel.

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Leo Byrne

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