Chinese authorities recently presented a draft plan to reduce heavy metal emissions by 5% by 2025. As noted previously here, the move comes after Beijing moved to stabilize surging coal prices. The government moved to increase both coal imports and domestic output. The Dalian coking coal price surged to $694 per metric ton in late October.
However, the key steelmaking input has plunged by approximately 33% since then. Coking coal this week week fell to $464 per metric China’s metals emissions plan The government posted the plan on the…China Presents Plan To Slash Heavy Metal Emissions
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