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17 Mar
11:09

Chinese coke price up as coal cashes in

China’s Hebei Iron and Steel (Hegang) upped its coke purchasing prices this week following an increase in local spot prices. Coking coal prices have been pushing up coke after riding the back of the recent surge in iron ore prices, Kallanish notes. Hegang lifted its price by CNY 30/tonne to CNY 780/t ($120/t) after first grade coke prices in Tangshan gained around $10/t to $118/t last week. First grade coke prices in Taiyuan also increased last week to $94…
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