WEEKLY: Better profits for makers prompt lift in China's met coke output

Metallurgical coke production among the 230 independent producers under Mysteel's regular check recovered by 1.3% on week to average 504,000 tonnes/day over November 20-26, snapping the downtrend that had started in mid-September, Mysteel's latest survey found.

As domestic coking coal prices continued falling, the surveyed coke producers enjoyed a sizable improvement in their profits this week, encouraging them to lift production, a Shanxi-based analyst noted. According to Mysteel's assessment, as of November 27 the national composite coking coal price had lost another Yuan 33.5/tonne ($4.7/t) on