Tag: China’s met coke price cut
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China: Losses for met coke producers worsen after price cut
Average loss among producers hits over 2-month high Production remains steady despite poor profitability Mysteel Global: After the latest RMB 50-55/tonne (t) ($7-7.7/t) reduction on metallurgical coke prices this Monday, Chinese producers reported deteriorating margins, according to Mysteel’s latest survey. The average loss among 30 independent coke producers that Mysteel regularly tracks across the country…