{"id":810089,"date":"2026-07-19T11:39:11","date_gmt":"2026-07-19T11:39:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/810089\/"},"modified":"2026-07-19T11:39:11","modified_gmt":"2026-07-19T11:39:11","slug":"south-korean-coking-coal-buyer-posco-wants-new-coal-price-system","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/810089\/","title":{"rendered":"South Korean coking coal buyer Posco wants new coal price system"},"content":{"rendered":"<p>The biggest buyer of Australian commodities, Korean conglomerate Posco, wants to change the way coal exports are priced, adding to pressure on the nation\u2019s resources sector as China pushes to rewrite the rules for iron ore pricing.<\/p>\n<p>Posco\u2019s head of raw materials procurement, Jahyun Koo, said the systems for pricing Australian coking coal were being distorted by a small number of transactions that inflate prices, and it was time for the industry to collaborate on a new model.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The biggest buyer of Australian commodities, Korean conglomerate Posco, wants to change the way coal exports are priced,&hellip;\n","protected":false},"author":2,"featured_media":810090,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-810089","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/810089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=810089"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/810089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/810090"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=810089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=810089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=810089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}