SP3 thermal coal prices set to rise ,the potential of Matmor to ESI could be far greater as the price of coking coal is around US$ 120 PER TON and rising.
What price can ECT supply an equivalent product as coking coal ,and provide cost savings to steel manufacturing?
100% , 50% more or less? IF Coldry pellets used,could be wrong but appreciate others input.
Peabody, Coal India and a number of other steel manufactures would be interested at those savings.
Matmor results by Hatch overdue.
http://www.business-standard.com/india/news/coking-coal-prices-may-touch-200tn-in-2010-11/371547/
coal future use, page-22
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