Author: Aditya Sinha
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India: Met coke prices fall on bearish steel market sentiments, reduced export demand
Indian domestic metallurgical (met) coke prices have declined significantly over the past week amidst subdued demand from steelmakers, alongside continued weakness in pig iron demand. Currently, prices for the 25-90 mm blast furnace (BF) grade met coke are assessed at INR 38,500/tonne (t) exy-Cuttack, down by INR 5,500/t (12.5%) on a w-o-w basis. Prices exy-Surat…