India: Met coke prices continue to rise on short supply

Offers for 25-90 mm blast furnace (BF) grade metallurgical (met) coke have increased by at least 6% this week to INR 44,000/t, marking a sharp rise of INR 2,500/t, following a 5,000 t deal reportedly concluded at INR 46,000/t exw-Durgapur to a major steel producer in eastern India. Met coke supply tightness and the rally in Australian coking coal prices have been supporting domestic met coke prices.


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