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12 Jan
13:17

Weak Chinese domestic coke struggles

As Chinese domestic steel market sentiment remained gloomy, coking coal and coke prices dropped for the second consecutive week. Steelmakers are expected to ask for further price decreases this coming Thursday, but whether this can be realised is in doubt. Kallanish assesses the ex-works price of Anze low-sulphur primary coking coal and Luliang quasi-first-grade wet quenching coke each went down CNY 100/tonne ($14/t) on-week to CNY 2,450/t and CNY 2,100/t respecti…
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