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26 Jul
10:10

China's coke staggers, coking coal falls

China's primary coking coal price dropped on-week due to domestic supply recovery after the Party Plenum and the gloomy steel market. Tight steelmaking margins triggered some Tangshan mills to ask for a coke price cut on Friday afternoon. Anze low-sulphur prime coking coal was assessed at CNY 1,900/t ($262/t) last Friday, down CNY 20/t on-week. Although the ex-works price of Lvliang quasi-first-grade wet quenching coke remained at CNY 1,800/t, some steelmakers…
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