Chinese steelmaker propose 8th round of met coke price cut by RMB 200/t

Jinan Steel Group, based in China’s Hebei province, has proposed the eighth round of price reduction for Chinese domestically-produced metallurgical (met) coke by RMB 200/t on 26 Nov’21. Notably, met coke prices in China have undergone continuous declines, totalling RMB 1,500/t ($235/t), since the beginning of Nov’21.