Tag: China: Met Coke Price Drop Leads to Margin Losses

Coking companies across several provinces in China are facing a profound market crisis in the coke industry, marked by a notable decrease in coke prices by RMB 300-330/t since January 2024 , exacerbating industry-wide losses surpassing RMB 450/t in certain regions. Some Chinese mills in Hebei and Tianjin have accepted another round of metallurgical coke…