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12 Dec 2018 | 21:40 UTC — London
S&P Global Platts has decided to discontinue the publication of the Pinnacle low-vol hard coking coal brand assessment, effective March 1, 2019.
The assessment is found in the US Metallurgical Coal Relativities table, published in page 9 of the Steel Markets Daily publication, page 8 of Coal Trader International publication, and page 6 of Coal Trader publication.
The decision follows industry feedback and a confirmation from operator Mission Coal Company to close the West Virginia mine. Mission Coal will process any remaining raw coal from the mine into salable product during the fourth quarter of 2018.
The Pinnacle brand's assessed value in the US Metallurgical Coal Relativities will be published February 22, 2019, for the last time.
Platts will continue to publish assessments for the remaining brands, and their relative spread to Platts US Low Vol HCC assessments, basis FOB Hampton Roads.
Please submit any feedback, comments or questions about this proposal to Hector Forster, hector.forster@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for public viewing. S&P Global Platts will consider all comments received and will make comments not marked as confidential available upon request.