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19 Apr
11:29

China's coking coal and coke increase as expected

China's coking coal price hiked amid active auctions this week, followed by the first round of price increases for domestic coke. Market participants expect one or two rounds of coke price increase due to growing hot metal production and restocking demand before the Labour Day holiday. Kallanish assesses that on Friday Anze low sulphur primary coking coal surged CNY 200/t ($27.6/t) on-week to CNY 1,950/t ex-works. Meanwhile, Lvliang quasi-first-grade wet quenc…
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