WEEKLY: China's met coke output shrinks for a 7th week

Production of metallurgical coke among the 230 independent coke producers Mysteel regularly tracks dipped by another 0.6% on week to average 513,000 tonnes/day during October 23-29, extending the steady decline in output since mid-September, according to Mysteel's latest survey.

Survey respondents noted that poor profitability remained the main factor dragging on the coke companies' operations. According to Mysteel's survey of 30 merchant coke makers nationwide, their average loss on coke sales remained at Yuan 32/tonne ($4.5/t) on October 30, recovering only by Yuan 9/t on week and despite