FEATURE: China's 15th FYP sets out new path for coke sector

China's coke sector is set to undergo a structural shift in the following five years guided by the country's 15th Five-Year Plan (FYP), with development focus turning to high added value, enhanced capacity concentration and stricter environmental compliance. This redirection could also lead to changes in fundamentals of the domestic coke market, Mysteel Global predicts.

Stricter environmental norms to drive market reshuffling The new roadmap charted in China's 15th FYP mandates that around 100 million tonnes/year of coke production capacities should finish the ultra-low emission revamps during 2026-2030, according to the government's document. The revamp is aimed at lowering particulate matter (PM), sulfur dioxide (SO2), nitrogen