Tag: Chinese coke firms
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New price cut weighs on Chinese coke firms’ profits
China’s metallurgical coke prices declined on 21 May, as leading steelmakers North China’ Hebei and East China’s Shandong officially announced to trim their coke purchasing prices by yuan 100-110/tonne ($13.8-15.2/t), sources said. For dry-quenching quasi-first-grade met coke, the prevailing offers in North China’s Shanxi province ranged between yuan 2,090-2,120/t, while offers in East China’s Shandong…