DAILY: China's met coke demand set to shrink on mills' output cuts

China's metallurgical coke demand is poised to decline further in the near term, impacted by the upcoming production restraints on some Chinese steel mills for the sake of better air quality during the important political meetings. Concerns grew that this may add downward pressures on the met coke market.

On February 25, Mysteel assessed China's quasi-first-grade met coke prices, for wet- and dry-quenching types respectively, at Yuan 1,426.7/tonne ($208.6/t) and Yuan 1,568.9/t including the 13% VAT, both flat from the previous session. Mysteel learned from sources that some integrated steel producers had received notices from local authorities, demanding that