USSR TO CUT COAL PRICE FOR JAPANESE STEELMILLS
The Soviet Union has agreed to cut its
coking coal export prices to Japanese steel mills by about five
dlrs a tonne in 1987/88 starting April 1 in exchange for an
increase in export volume, industry sources said.
    The prices were set at 44 dlrs a tonne for Neryungrinsky
coal and at 43.80 dlrs for Kuznetsky coal, fob.
    Japan will import a total of 4.9 mln tonnes from both
areas, up from 4.2 mln a year earlier, they said.
    The steelmakers had asked Moscow to agree to a cutback to
3.7 mln tonnes in 1987/88, but the Soviet Union urged Japan to
increase the amount to 6.5 mln, they said.
 REUTER
