Indian Met coke prices remain unchanged this week amid stable global prices at the level of around USD 190-193/MT CFR India for 62% CSR.
Indian Coke producers & users highlighted that offers in the domestic market have been constant viewing the global prices. Unlike falling Iron ore prices, coal & coke prices will have limited scope of correction.
Experts believe that global Iron ore prices are falling on the background of increase in production from miners such as Vale, Rio and Anglo. Whereas, in case of Met coal, rise in production is in line with steel demand.
Current Coke Prices in India Market
|
Size (in mm) |
Prices* |
| 0-4 |
7,300-7,500 |
| 4-8 |
11,000-11,500 |
| 25-40 |
15,000-15,500 |
| 40-60 |
14,000-14,500 |
| 60-80 |
16,800-17,000 |
| 80+ |
18,200-18,500 |
* Basic prices in INR/MT; Excise & taxes extra
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