Major steel mills in China are expected to commence intensive maintenance works under the influence of limitations on crude steel output. This is likely to reduce steel output, thereby leading to lower restocking demand for met coke. Consequently, Chinese coking coal and met coke futures decreased by 5.5% and 2.2% respectively on 16 Sep’21. Meanwhile, state planner NDRC has assured firm prices and stable supply of met coke during the upcoming 2-day mid-autumn festival holidays on 20-21 Sep.
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