14
Jun
06:34
China's coke price drops following weakening coking coal
China's domestic coke price dropped after the Dragon Boat Festival holiday due to softening coking coal prices and subdued steel demand. However, higher than expected hot metal production and declining coke inventories have encouraged coke producers to fight back.
Firm mill firm restocking demand for coke buffered the coke price cut. The ex-works price of Lvliang quasi-first-grade wet quenching coke on Friday was assessed at CNY 1,750/t, down CNY 50/t on-week.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous