DAILY: Chinese coke firms' tentative price hikes face delay

China's latest metallurgical coke price hikes are expected to be delayed amid intense pricing negotiations between coke producers and steelmakers. However, market participants remain optimistic, anticipating that steel mills' higher operations will offer firmer support for coke prices.

Mysteel assessed the national quasi-first-grade met coke prices for wet- and dry-quenching types at Yuan 1,425.1/tonne ($208.8/t) and Yuan 1,569.8/t, including the 13% VAT, respectively, on April 10, unchanged from the last session. Leading steel mills have remained muted since major coke producers in North China's Shanxi, Hebei and Inner