MONTHLY: China's met coke market seen under pressure in March

The Chinese metallurgical coke market is anticipated to face downward pressure in March, alongside soft demand from domestic steelmakers and limited cost support due to the continued weakness in the coking coal market, Mysteel's monthly report of the commodity predicts.

The main concern lies in the steel market, a barometer for coke prices, as market players anticipate persistent constraints in hot met production this month, citing narrow profit margins for steelmakers and the government-mandated production curbs. In the following week ending March 11, some integrated steel mills in Tangshan city,