DAILY: Chinese met coke market stable, supply set to shrink

China's metallurgical coke market remained stable on December 2, with China's national composite coke price under Mysteel's assessment moving lower by a small Yuan 5.8/tonne ($0.8/t) from the previous workday to Yuan 1,700.8/t including the 13% VAT.

China's supply of met coke is likely to see some drops in the near term, as some coke plants in Shanxi and Hebei – the key coal-producing provinces in North China – are set to gradually implement production cuts due to local environmental regulations, sources told Mysteel. Some market observers