Coking plants in China’s Hebei, Shandong, Shanxi and Inner-Mongolia provinces have proposed the 11th round of price hike for domestic metallurgical (met) coke by RMB 200/t ($31.05), effective from 15 Sept’21, resulting in a cumulative uptick of RMB 1,560/t ($242.15) since early-Aug. Most provinces are trying to reduce crude steel output and increase coking coal supply, which may help balance the current met coke demand-supply status.
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