Steel mills in Hebei, Shandong and Tianjin have proposed the second round of price cut for met coke by RMB 100-110/t ($14-$15), likely to be effective from 15 Sep’22. Chinese steel mills are facing operating pressure as there is no improvement in demand. Hebei’s Tangshan met coke prices stood at RMB 2,700/t ($390/t) as on 13 Sep’22.
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