China’s met coke producers have accepted the fourth round of price hike on 1 May’24. Met coke prices in Hebei’s Tangshan were assessed at RMB 2,060/t ($285/t), an increase of RMB 100/t ($14/t) d-o-d. Despite tight supply and escalating coal costs, increased demand from steel mills drove coke prices upward. Steelmakers raised purchase prices, anticipating further price hikes after the holiday period.
