WEEKLY: China's met coke output continues to decline

China's metallurgical coke production continues to decline this week, representing a slightly weaker supply landscape in tandem with demand reductions. The tighter availability partly helped delay the looming downside, keeping the market largely range-bound in the week.

Total daily met coke output of independent coking plants that Mysteel surveys nationwide – representing 100% of China's independent coking capacity – dropped to average 610,800 tonnes/day during October 22-28, extending the decline for two consecutive weeks and lower by another 0.3% on week. The on-year decline also widened