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Canadian Coking Coal Exports Decline
Canadian coking coal exports (excl. shipments to the US) fell by 0.4 Mt year-on-year to 2.3 Mt in May, as shipments to major destinations Japan (-0.4 Mt to 0.5 Mt) and South Korea (-0.2 Mt to 0.3 Mt) dropped sharply, IHS reports. However, despite declining in each of the last three months, exports in January-May were still up by 0.6 Mt on the same five months last year at 11.3 Mt.