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

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November 2019 | Steel Raw Materials

Fundamentals tighten: Coking Coal and Coke Market Analysis

Eager to muscle-in on the improving environment coke producers have begun pitching themselves for price increases.

Chinese steel margins remain on the upward trend, providing some room for higher raw material purchases. Buyers who were sitting on low stocks during the steel price downtrend have started to return to the market in preparation of an expected pick-up in activity and higher prices for the first quarter of 2020. They are enthused by the recent uplift in their steel profits following an improvement in margins, where hot-rolled coil (HRC) and rebar metal spreads have risen to $195 per tonne and $178 per...


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