17
Mar
11:06
Production restrictions, supply pressure slash China's coke prices
China's coke market has weakened further. Chinese steel mills have already started the fifth round of purchasing price cuts of CNY 100/tonne ($15.38/t) and will make the new prices effective next week.
Market participants predict this will not be the last price reduction and that coke prices may face at least another two cuts in the next 2-3 weeks, Kallanish notes. Chinese steelmakers have now cut coke purchasing prices by a combined CNY 5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous