The Argus 62pc lump premium stood at 20￠/dry metric tonne unit (dmtu) on 30 September, the highest since June.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

Market participants report significant advancements after Brazilian electricity regulator Aneel approved temporary rules for a new demand response program, but say there is still room for improvement.

Australian-Japanese joint venture BHP Mitsubishi Alliance (BMA) is facing potential strikes at its coking coal mines in Queensland, as members of Australian unions vote in favour of taking protected industrial action.

Indian private-sector producer JSW Steel has signed an initial deal with US-based finance technology firm Smartex to explore low-emissions steel production.

The US shipped 139,162t to China in August, 88.8pc lower than a year earlier and 51.8pc lower than July.

BHP is the only one of the big four Western Australian iron ore mining firms to operate major coking coal exporting facilities.

The firm maintained its 2022-23 financial year production guidance at 58mn-64mn t.