Tag: China Met coke
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Margins of Chinese met coke producers shrink following price cut
Mysteel: China’s metallurgical coke market was still thin on July 30 after slipping the previous day. The Yuan 50-55/tonne ($6.9-7.6/t) price cut has squeezed many coke producers’ margins and some of them even started to rein in production to avoid losses, according to market sources. As of Tuesday, China’s national composite coke price under Mysteel’s…