WEEKLY: China's met coke production recovers mildly

China's metallurgical coke output ticked up this week, rebounding modestly from previous lows. Although the overall availability of this steelmaking raw material is expected to remain relatively tight, the coke market is likely to see its upward momentum weaken with softer cost-side support in the short term.

Mysteel's survey of domestic independent coking plants – representing 100% of China's independent coking capacity – points to a 2.6% on-week rebound in their met coke output, averaging 572,900 tonnes/day during September 3-9. This marks the first increase after sliding for six consecutive weeks since late July. However, output