DAILY: China's met coke market poised for another uptick

The upward momentum for China's metallurgical coke market will likely build further after China's Qingming Festival holiday over April 4-6, though some push-pull between coke producers and steelmakers is expected as well, Mysteel learned.

Mysteel assessed the national quasi-first-grade met coke price for dry-quenching type at Yuan 1,569.8/tonne ($228.1/t) on April 3, flat from the last session, while the same grade for wet-quenching type slid by a minimal Yuan 0.4/t to Yuan 1,425.1/t, both including the 13% VAT. Market sources reported that major coke