Some Chinese steel mills in Hebei, including the Tangshan area, initiated their eighth round of price cuts in met coke. Recently, they reduced their purchase bids for the material. Prices of wet quenched met coke were reduced by RMB 50/t ($7) and of the dry quenched variant by RMB 55/t, effective from 10 Sep’24. Coke prices in Hebei’s Tangshan are currently at RMB 1,610/t ($226.5/t).
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