26
Nov
12:08
Hongli exits China coke market
Central China’s Hongli Clean Energy Technologies has cancelled its last coking contract, making it the latest company to exit the sector after prices have collapsed. The company says it expects China’s coke demand to continue to fall as steel production has peaked, Kallanish notes.
China’s coke market has been squeezed by massive overcapacity and shrinking demand. Some of the slack has been taken up by increasing coke exports but several produc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous