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FEATURE: China’s coke plants push $15/t coke-price rise

ABSTRACT

Barely had the ink dried on recently-signed sales-purchase contracts for coke than leading merchant coke producers in North, Central and East China on Friday notified their customers that steelmakers will be paying another Yuan 100/tonne ($15.5/t) at least when next they purchase merchant coke – possibly as soon as from May 1.
Yet again the coke makers cited restrictions to coking operations to argue their case, though their hike demand is their fourth within just two weeks and was tabled only 48 hours after their previous hike materialised, Mysteel Global notes. “Coke demand has continued to grow, while coking plants’costs have kept climbing,

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