Singapore—China’s domestic coke prices could see an uptick by the end of the month and into June, driven by steel mills’ demand and an expectation that supply from Shandong region could be curtailed through 2020, market sources said Thursday. “The Chinese steel market has made a quick recovery post lockdown. Steel inventories are falling and steelmakers are making margins, leading to a strong demand for metallurgical coke,” a coke producer said.
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