Author: Aditya Sinha

The downtrend in Asian seaborne metallurgical (met) coke prices continued this week too. Prices fell over 4% w-o-w across grades owing to two main factors. Reduced production costs of met coke, due to fall in Australian (down 8% w-o-w) and US (down 9% m-o-m)-origin coking coal prices Sluggish steel demand sentiments in China due to…