DAILY: Chinese met coke market stays stable, sales smooth

China's metallurgical coke prices are expected to remain stable in the near term, as the market fundamentals are likely to gradually find a rough equilibrium amid more signs of a recovering steel sector.

As of Monday, China's national composite coke price under Mysteel's assessment stood at Yuan 1,296.8/tonne ($178.5/t), including the 13% VAT, down by a marginal Yuan 0.5/t from last Friday. On the same day, China's finished steel market showed renewed resilience, with both spot and futures prices strengthening in sync. This