BHP Billiton accepts 58% cut in metallurgical coal prices
According to report, Australian miner BHP Billiton Ltd has agreed a 58 percent cut in metallurgical coal prices for current shipping year with its global major customers.
The company said on Wednesday that based on settlements to date, the prime metallurgical coal prices are expected to fall by 58 percent from 2008 levels.
by Yieh Corp
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