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20 Feb
09:29

China's coke, coking coal drop after holiday

China's domestic coking coal and coke prices have dropped amid a slow steel demand recovery after the New Year holiday, Kallanish notes. Shanxi has started production “rectification” at coal mines, which will take some time. Wet quenching quasi-first coke dropped CNY 100/tonne ($13.9/t) compared to the level before the Chinese New Year. Steelmakers in Hebei purchased first-level coke on 19 February at CNY 2,310/t with specifications of A≤12.5%, …
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