Nippon Steel settles post-Q4 PCI contract at $246/mt FOB Australia

Platts, part of S&P Global Commodity Insights, would like to clarify published details about Nippon Steel's post-Q4 PCI contract.

In the Nippon Steel settles post-Q4 PCI contract news published in SBB Steel Markets Daily and Coal Trader International Dec. 30, the post-quarter PCI settlement price should be at a relativity of 88.24% to the September-November period of premium hard coking coal prices, not 75.90% to the October-December period.