China: HBIS hikes met coke purchase price

HBIS, a major steel mill in China’s Hebei province, has accepted a 12th round of price uptick for domestic metallurgical coke by RMB 100/t with effect from yesterday (7 Jan’21). Prices after adjustment including tax are at RMB 2,700/t for prime grade (Ash<12.5, Sulfur<0.65, CSR>65, Moisture<7) and RMB 2,500/t for medium-sized coke (Ash<13, Sulfur<1, CSR>60, Moisture<7).