DAILY: Outlook for China's met coke market improves

China's metallurgical coke market stayed strong on November 3. The outlook for the market improved as steelmakers are expected to soon nod to the price hike proposal that coke producers had initiated last Wednesday, the third bout since early October, market sources noted.

On Monday, Mysteel's assessment of Chinese dry-quenching quasi-first-grade met coke prices remained flat from the previous session at Yuan 1,619.4/tonne ($227.4/t), while that of wet-quenching type of the same grade rose Yuan 6.9/t on day to Yuan 1,475.7/t. The slight increase came as some producers in East, Central and