RUSSIAN COKE MARKET

摘要

Booming demand in the global market as well as increased raw material costs will cause prices to hit new highs in the domestic market in the next few months. Coke exports from Russia are estimated to be back to traditional levels in Q2 at the earliest, so only in H2 domestic prices are expected to fall steadily. Producers are revamping coke facilities: at the end of 2020 CherMK launched the first block of new coke battery No.11 and expects to commission the second one by the end of 2021. MMK postponed the launch of coke battery No.12 to 2022-2023.