Platts to extend US met coal laycan period to 14-60 days

S&P Global Platts will extend the US hard coking coal assessment spot loading laycan to 14-60 days, from the current 14-45 days, following market feedback and a review of current typical trading practices, effective June 3, 2019.

This methodology change will impact the following assessments and codes:

High Vol A Coking Coal FOB USEC (AAWWS00)

High Vol A Coking Coal FOB USEC MAvg (AAWWS03)

High Vol B Coking Coal FOB USEC (AAWWT00)

High Vol B Coking Coal FOB USEC MAvg (AAWWT03)

Low Vol Hard Coking Coal FOB USEC (AAWWR00)

Low Vol Hard Coking Coal FOB USEC MAvg (AAWWR03)

The US met coal assessments are published on page 4 of the Steel Markets Daily publication, page 8 of the Coal Trader International publication, and page 4 of the Coal Trader publication.

Please submit any feedback, comments or questions to cokingcoal@spglobal.com and pricegroup@spglobal.com .

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.