Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023, global seaborne coal loadings escalated by 5.8% year-over-year, totaling 1,339.5 million tonnes…
China metallurgical coke producers are pushing back against price cuts of 50-55 yuan per ton suggested by major steel mills in Hebei province and Tianjin City.
Chinese participants may become more resistant to accepting high-priced coking coal
The current round of price reduction for coke has seen seven rounds of price reductions since January 2, with a drop of 700-770 yuan/ton.
Coking firm China Risun Group foresees steady coking coal demand across the world by 2025, underpinned by Asian requirement.
Indian met coke prices have been recorded at INR 33,500/tonne (t) ex-Jajpur this week. Prices dropped by INR 500/t w-o-w.
Chinese prices of metallurgical coke could end their fall and rebound this month, Mysteel observes in its latest monthly outlook
Coking companies across several provinces in China are facing a market crisis in the coke industry, marked by a decrease in coke prices
The total volume of metallurgical coke produced declined during February 15-21, slipping by 5,600 tonnes/day on week