Chinese met coke prices fall again as steel flounders

摘要

Chinese domestic coke prices have trended lower again this week, reflecting increasingly gloomy sentiment in the market amid the seemingly relentless decline in steel prices. Platts assessed Chinese domestic metallurgical coke with 62% CSR (coke strength after reaction), 12.5% ash and 0.65% sulfur at Yuan 1,565/mt (246 dollars) delivered to Tangshan mills Thursday, including 17% VAT and three months credit. This is Yuan 70/mt (11 dollars) lower from Yuan 1,635/mt the previous week.