Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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November 2010 | Steel Raw Materials


Chinese domestic coke market to be stable in December: Coke and Coking Coal Highlights


The overall steel market situation is pessimistic as the flat steel product market is still weak and sales volumes of both steel mills and traders are also down.

During the past week China's domestic coke market has increased $1-2 in some regions, while the main production regions in China remained stable.

The mainstream quotations of second grade metallurgical coke from large scale producers in Shanxi province have been at Rmb1,650-1,680/tonne ($248-253/tonne), while quotations for first grade metallurgical coke in the province are standing at Rmb1,750-1,800/tonne ($264-271/tonne), up slightly week-on-week.

Meanwhile, the purchase prices of Hebei-based mills are at Rmb1,800-1,820/tonne ($271-274/tonne) for second grade metallurgical coke, slightly up week-on-week. The mainstream prices in...

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