DAILY: China's met coke prices to stabilize in the near term

China's metallurgical coke prices are expected to remain stable in the near term, with the market reaching a weak balance and lacking strengths to shape clear price trends, Mysteel predicts.

On February 2, Mysteel assessed China's quasi-first-grade wet-quenching met coke price at Yuan 1,427.8/tonne ($205.8/t), up Yuan 0.7/t from the previous session, while the price for the dry-quenching type stayed flat at Yuan 1,568.9/t. Both include the 13% VAT. Domestic met coke prices will likely stabilise through to the upcoming