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08 Mar
04:32

Chinese coke declines further amid sluggish steel

China's prime coking coal prices slumped this week due to poor sales. Domestic coke prices are now expected to step down next week amid a tug-of-war between coke producers and steelmakers, Kallanish understands. The ex-works price of Anze low Sulphur primary coking coal was lowered twice this week to lower inventories amid lacklustre auctions. Kallanish assesses its price at CNY 2,100/t ($292/t), down CNY 250/t on-week, while Luliang quasi-first-grade wet quen…
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