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WEEKLY: Output at China coke plants at 8.5-month high

Average daily coke output among the 230 Chinese independent coke plants under Mysteel’s weekly survey increased for a third straight week over June 25-July 2 to hit an 8.5-month high of 668,400 tonnes/day as of Thursday, up by another 1,200 t/d from June 24, according to Mysteel’s latest survey. There’s been minimal easing of the coke plants’ run-rates because of healthy profits and firm demand from steel mills, survey respondents said.
Nevertheless, capacity utilization at the 230 plants edged down by a tiny 0.03 percentage point from June 24 to 75.07% as of July 2, Mysteel’s data shows. The mismatch between the increase in output and decrease in capacity utilization reflected capacity removal in East China, offset by the commissioning of more new capacity in

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