09
Aug
11:10
China's coke and coking coal downturn continues
The third-round price cut for Chinese coke was realised just one week after the previous cut. The wider spread between the spot coking coal and long term contract (LTC) prices is about to trigger a downward correction in Q3 LTC prices.
Anze low-sulphur prime coking coal was assessed at CNY 1,780/t ($248/t) last Friday, down CNY 50/t week-on-week. Lvliang quasi-first-grade wet quenching coke stood at CNY 1,650/t, down CNY 50/t on-week and total CNY100/t in August u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous