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DAILY: China's met coal prices to decline soon after coke price cut

Source: Mysteel May 27, 2025 12:05
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Coking Coal Price
China's metallurgical coal prices are faced with additional downward risk following a new round of price cuts in the downstream coke market on May 26.
On Monday, Mysteel's assessment of the national composite coking coal price stood at Yuan 1,029.6/tonne ($143.2/t) including the 13% VAT, down by Yuan 7.8/t from Friday and touching a new low since November 2020.   Chinese major steelmakers rolled out their second round of coke price reductions yesterday, requesting a Yuan

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