MONTHLY: China's coking coal market to stay buoyant in Nov

China's market for coking coal will likely remain buoyant this month, as production at domestic steel mills will stay robust and so provide some support for coal prices, Mysteel's latest monthly report on the commodity indicates.

Hot metal production among the 247 Chinese blast-furnace steelmakers under Mysteel's regular survey is forecast to climb higher this month ahead of a seasonal fall in December as winter descends, a Mysteel survey suggests. Consequently, coking coal procurement among steel mills, coke plants and coal traders may not decline