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27 Oct
11:00

Chinese coke futures dive after touching four-month highs

After touching four-month highs on 10 October on the support of stable steel output and positive expectations for October steel demand, Chinese coke futures dived over the past two weeks. Suffering steelmakers have started to suppress raw materials prices including coke, Kallanish observes. During the holidays at the beginning of October, coking companies reached agreements with steelmakers for a price hike after five consecutive decreases. This was supp…
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