DAILY: Wait-and-see mood prevails in China's met coke market

China's spot metallurgical coke market was gripped by a thick wait-and-see sentiment on March 10 as the downstream steel market took a hit from cooled optimism after statements of US President Donald Trump pointed to a possible easing of the ongoing war against Iran.

Mysteel's assessments for China's quasi-first-grade met coke prices for wet- and dry-quenching types settled at Yuan 1,382.8/tonne ($201.1/t) and Yuan 1,516/t, including the 13% VAT, respectively, on Tuesday, staying unchanged from the last session. The stance of the Trump administration has softened, as the president said on Monday the war