DAILY: China's met coke prices expected to soften as pressures mount

After four successive price hikes spanning from early October to mid-November, China's metallurgical coke market may start to weaken this week under mounting pressures from the downstream steel market.

Last Friday, Mysteel's assessment of China's quasi-first-grade wet-quenching coke price edged up by Yuan 0.8/tonne ($0.1/t) on day to Yuan 1,567.8/t, as some coke producers in Southwest China lifted their listing prices following the latest price hike on November 15, Mysteel's survey showed. The same day, the price assessment