WEEKLY: China's met coke stocks climb faster on lower demand

The combined stocks of metallurgical coke held by 230 independent met coke producers under Mysteel's tracking rose by another 2.3% on week to 407,100 tonnes during August 29-September 4, growing at a faster pace compared with the 0.9% uptick in the week prior, Mysteel's latest survey showed.

Blast furnace (BF) production curbs in parts of North China subdued steelmakers' demand for coke feed during the survey week, leading to this rise in the coke producers' overall stocks, survey respondents noted. Authorities in Tangshan city, China's largest steel-producing hub in North China's Hebei province, had mandated local BF