COAL
Canadian miner Teck Resources on Wednesday raised its forecast for sales volumes of its steelmaking coal in the third quarter, and also said it expects to realise an average price of around $158/t to $163/t.
Vancouver-based Teck said it now expects to sell between 7.2-million and 7.5-million tonnes of steelmaking coal in the third quarter due to strong demand, up from a previous forecast of at least seven-million tonnes.
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