UTC+8 ( BJT)

WEEKLY: China coke plants' coke stocks dip on firm sales

ABSTRACT

By November 25, total coke stocks at the 230 Chinese independent coking plants under Mysteel's survey reversed down by 172,300 tonnes or 10.1% on week to 1.5 million tonnes after having gained for three weeks, mainly due to the moderate recovery in coke procurement from the steelmakers and restocking among traders on price slumps, sources shared.
The decline in inventories was despite the rather stable coke output among these plants over November 18-24, which edged down by just 600 tonnes/day on week to 493,400 t/d in total, though this was a new low since the commencement of the survey at the end of 2017.   By November 25,

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227