DAILY: China's met coke market remains firm amid optimism

China's metallurgical coke market stayed firm on April 23, with tight fundamentals lending persistent support. A third price hike is expected today, although hindrances could remain for its later materialization, Mysteel learned.

Mysteel's assessment of the national quasi-first-grade met coke prices, for dry- and wet-quenching types, settled at Yuan 1,623.6/tonne ($237.9/t) and Yuan 1,472.7/t including the VAT on Thursday, respectively, both unchanged from the last session. The market saw continuous coke deliveries to downstream steel mills this week, stimulated by their revived