WEEKLY: Chinese steelmakers struggle to build coke stockpiles

Coke supply remained persistently tight this week, further hindering Chinese steelmakers' restocking efforts and driving their coke stocks down to a multi-year low. With demand holding firm, the met coke market is expected to remain well-supported in the near term.

Steelmakers are still struggling to rebuild their coke stocks following continuous drawdowns, as ongoing production cuts at coking plants across China's major coke-producing regions and suppliers' reluctance to release salable volumes amid price-holding expectations continue to constrain coke availability, Mysteel has learned from market sources. The intensified delivery pressure for