SteelHome Express: Price of Metcoke in Shanxi Inches Up amid Stability
On August 17, ex-works price of standard I grade metcoke in Shanxi was 1630-1700 yuan/t (bank acceptance); price of premium metcoke was 1750 yuan/t. Price of strong II grade metcoke (Mt10) was 1670 yuan/t (bank acceptance, picked up by buyers). Price of I grade metcoke (CSR65) was 2000 yuan/t (delivered to Tangshan).
From August 6, some coking plants were going to raise the price by 50 yuan successively, but most steel mills have not accepted yet.
Today, a few coking plants announced willingness to raise the price of metcoke by 50 yuan. Its expected that price of metcoke in Shanxi will increase amid stability.
Link: Market price of Shanxi Metcoke on Aug 17,20
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