28
Apr
13:03
High coke prices push up profits
Due to rising coke prices over an extended period, some coking companies have achieved substantial profit growth in the first quarter. Prices still remain at high levels.
Shanxi Coking Group made CNY 451 million ($69.6m) in net profit in Q1, up 350% year-on-year, Kallanish notes. “In the short term, the supply of coke remains tight, and the price of coke shows a stable and strong trend, which has a good support for the company's performance,”&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous