Energy Efficiency

climate change, energy resources and the big picture: an Australian perspective on global issues

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Entries Tagged as 'steel'

Koreans Steel themselves for Coal Floods

April 7th, 2008 · No Comments

April 7 (Bloomberg) — Posco, Asia’s third-biggest steelmaker, agreed to a tripling in benchmark contract price for coal, setting a record for the steelmaking material after floods in Australia reduced global supplies.
The Pohang, South Korea-based company will pay Australian suppliers between 205 percent and 215 percent more for some of its coking coal for the [...]

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Tags: china · coal · iron · korea · steel