WEEKLY: Chinese coke plants' coke stocks rise above 1 ml t

ABSTRACT
Stocks of metallurgical coke at the 230 Chinese independent coke manufacturers that Mysteel regularly track had risen by 149,600 tonnes on week to about 1.05 million tonnes as of May 4, jumping above the threshold of one million tonnes for the first time since April 29 2022, according to the latest survey.

The mounting stocks were mainly attributed to the fact that demand from domestic steelmakers remained dim during the five-day Labour Day holiday. Even though highways were free of tolls during the break, coke delivery slowed as steel mills kept raw materials stocks low to make up for the losses that