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It's reported that the two Japanese companies BHP Billiton-Mitsubishi Alliance (BMA) and Japan's Nippon Steel & Sumitomo Metal Corporation (NSSMC) have settled the coking coal prices for the first quarter of 2013 at US$165/ton FOB Australia, decreasing by US$5/ton from a quarter ago.Meanwhile, the transaction may be taken a quarterly benchmark by the global seller and buyers.