Latest news on China Met Coke markets

WEEKLY: Chinese coke producers trim output as losses persist

Chinese metallurgical coke producers slowed their production pace this week, as most of them remained under considerable financial pressure. However, the slight drop in supply failed to underpin the coke market, with downside risks not yet fading.

DAILY: China's met coke market steady, downside risks remain

China's metallurgical coke market held steady on October 22 after the first round of price hikes stalled. Prospects for further price increases have dimmed, while downside risks are expected to persist. Participants are awaiting clearer signals on the near-term trend.

DAILY: China's met coke price hikes stall amid steelmaker resistance

The first round of metallurgical coke price hikes, scheduled to take effect on October 21, failed to materialize as major steelmakers remained resistant to the proposed increases. Market participants expect downside pressure to persist in the coke market as steelmakers seek to rein in raw material c

DAILY: China's met coke market remains in a tug of war

China's metallurgical coke market remained in a stalemate on October 20, with neither upward nor downward momentum strong enough to drive a clear move. Met coke prices are expected to remain stable in the near term as the tug of war between coke producers and steelmakers drags on.

DAILY: China's met coke price hikes face resistance, futures slump

China's metallurgical coke market was stuck in a stalemate on October 19, as the proposed Yuan 50 - 55/tonne ($7-8/t) price increase by major coke producers in northern China met stiff resistance from steelmakers. Market sentiment remained broadly bearish amid mounting mill losses and expectations o

DAILY: China's met coke producers initiate fresh price hikes

Chinese coke producers launched a fresh round of metallurgical coke price hikes on October 19, as rising coking coal costs continued to erode their margins. The near-term market is expected to remain supported by firm coal prices.

WEEKLY: Chinese coke firms' stocks build further amid tepid demand

Metallurgical coke stockpiles at Chinese coke producers continued to accumulate this week, mainly due to sluggish buying interest among coke traders and downstream steelmakers. However, the market is gaining fresh support from stabilizing coal prices, adding uncertainty to the near-term market direc

DAILY: China's met coke market remains in a dilemma

The Chinese metallurgical coke market remained at an impasse on October 15, with higher coking coal input costs and tepid downstream demand exacerbating the standoff between coke producers and steel mills over a potential third round of price cuts.

DAILY: China's met coke market steadies as cost support builds

China's met coke market stayed stable on October 14 as traders awaited steelmakers' signals on a possible third round of price cuts. Yet firmer coking coal costs have stiffened support for met coke, deepening uncertainty over the direction and extent of further declines.

DAILY: China's met coke market remains under pressure

Downward pressure continued to weigh on China's metallurgical coke market as of October 13. Steel mills are expected to press for a third round of met coke price reductions, although the extent of the next cut remains uncertain amid a tougher price standoff between coke producers and steelmakers.