Author: Aditya Sinha
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China: Coking coal prices stabilize amid positive outlook on met coke
The Chinese domestic market for metallurgical coke has remained mostly stable throughout the current week, with the first round of price uptick widely accepted by steel mills. Major mills in Shandong and Tangshan regions accepted the first upward revision in prices by RMB 50/t. Market participants expect further upward movement in domestic coke prices as…