WEEKLY: Recovery in China's met coke output continues

The average volume of metallurgical coke produced by the 230 independent coke makers across China under Mysteel's regular survey rose during the week of November 27-December 3 to 508,300 tonnes/day, up 0.9% on week and marking the highest level in a month, according to Mysteel's latest survey.

Despite a Yuan 50-55/tonne ($7-7.7/t) cut in met coke prices that domestic producers had accepted on December 1 under pressure from steelmakers, profitability among the coke makers remained largely steady during the week, as their costs for coking coal also trended lower. This encouraged the coke makers to lift