DAILY: Chinese met coke firms initiate new price hikes

A new price adjustment window opened for China's metallurgical coke market on April 24, with several major coke producers across the country proposing higher selling prices amid active pre-holiday demand and relatively tight supply of the steelmaking feedstock.

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 ($237.5/t) and Yuan 1,472.7/t including the VAT, respectively, on Friday, both unchanged from the previous day. Last Friday, several mainstream coke firms in North China's Shanxi, Hebei and Inner Mongolia announced Yuan