MONTHLY: China's met coke market poised to hold firm in June

China's metallurgical coke market is expected to remain strong in June, supported by higher coal costs, possible coke production curtailments and robust demand from steel mills, Mysteel's latest monthly report predicts.

Despite five bouts of price hikes totalling Yuan 250-275/tonne ($37-41/t) since early April, domestic coke producers have still seen their profit margins quickly eroded by soaring coking coal prices over the past two weeks, with many on the edge of loss-making. Mysteel's tracking data indicated that the prices of most