DAILY: Chinese met coke to hold stable despite sentiment lift

The Chinese metallurgical coke market is anticipated to hold steady in the near term despite recent energy price surges lifting sentiment, sources predict, citing the still-weak market fundamentals of this steelmaking material.

Mysteel's assessments for China's quasi-first-grade met coke prices for wet- and dry-quenching types sat at Yuan 1,381.7/tonne ($200.4/t) and Yuan 1,516/t, including the 13% VAT, respectively, on March 13, unchanged from the last session. Prospects for both coking coal and steel markets improved further last Friday, with their recent price