SteelHome Express: The Sixth Round of Price Hike of Metcoke in Shanxi Unsettled
On June 22, ex-factory price of standard I grade metcoke in Shanxi was 1730-1790 yuan/t (bank acceptance); price of strong II grade metcoke (Mt10) was 1700-1750 yuan/t (bank acceptance, picked up by buyers). Price of I grade metcoke (CSR65) delivered to Tangshan firmed at 2100 yuan/t (delivered to station). Last week, some coking plants have notified steel mills to raise coke prices by 50 yuan, and most steel mills have not yet accepted them. The stocks of metcoke in some representative steel mills in Hebei and Shandong have not increased significantly. A few said they could accept the sixth round of price hikes before the Dragon Boat Festival, but some steel mills also showed strong resistance. It is expected that metcoke market will continue to operate strongly in recent days.
Link: Market price of Shanxi Metcoke on Jun 22,20
SteelHome Express: Few Hebei Coking Plants to Raise Metcoke Price by 50 Yuan on 12th On June 10, price of standard I metcoke from leading coking enterprises in Handan, Hebei was 2070 yuan/ton (dry basis, picked up by buyers), and that of II grade metcoke in other coking plants was 1750 yuan/ton (delivered to factory). Ex-factory price of standard I grade metcoke in Xingtai was around 2000 yuan/ton (dry basis, in cash). Coking plants had many orders due to the great demand of metcoke. Few coking plants in Hebei planned to raise the price of metcoke by another 50 yuan, which steel mills were not informed yet. The price adjustment may be released this afternoon. Link: Market price of Hebei Metcoke on Jun 10,20 Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.
SPECIFICATIONS: High Quality A1, Premium 1ST GRADE European Regulation DIN + Low Index of ash UP TO 0.5% High Calorific Power UP TO 5000 Kcal/1kg Diameters of pellets = 6mm PACKAGE: 1 X BIG BAG = 1 ton 15kg bag can be fit to 1 ton palette 15kg x 70 bags on 1 palette (1050kg) Availability: up to 10 trucks monthly Loading capacity: 22t/truck
SPECIFICATIONS: High Quality A1, Premium 1ST GRADE European Regulation DIN + Low Index of ash UP TO 0.5% High Calorific Power UP TO 5000 Kcal/1kg Diameters of pellets = 6mm PACKAGE: 1 X BIG BAG = 1 ton 15 kg bag can be fit to 1 ton palette Availability: up to 10 trucks monthly Loading capacity: 22t/truck
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SteelHome Express: Quotations of Standard I Grade Metcoke at Ports Stable On August 13, quotations of standard I grade metcoke was stable at 1920-1950 yuan/t (in cash, picked up by buyers) while actual transaction price was at 1900 yuan/t. The market was active and later outlook was also promising. A slightly increased volume of metcoke was concentrated onto yards. FOB price of standard I grade metcoke was 1920-1940 yuan/t (bank acceptance) and that of I grade metcoke (CSR65) was 2040 yuan/t. Link: Market price of Qingdao Metcoke on Aug 13,20 Link: Market price of Jingtang Port Metcoke on Aug 13,20
SteelHome Express: Price of Standard I Grade Metcoke at Ports Stable On August 27, quotations of standard I grade metcoke by traders were stable at 1930-1950 yuan/t (in cash, picked up by buyers), which was negotiable. At present, most traders took a wait-and-see attitude and some quotations have loosed. FOB price of standard I grade metcoke quoted by coking plants was 1970-1990 yuan/t; that of I grade metcoke (CSR65) was 2090 yuan/t. Link: Market price of Qingdao Metcoke on Aug 27,20 Link: Market price of Lianyungang Port Metcoke on Aug 27,20
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
SteelHome Express: Price of Metcoke in Hebei Stable On July 6, price of standard I grade metcoke from leading coking plants in Handan, Hebei was 2170 yuan/t (dry basis, picked up by buyers); that of II grade metcoke from other coking plants was 1850 yuan/t (delivered to factory); ex-works price of standard I grade metcoke in Xingtai (in cash, dry basis); price of standard I grade metcoke in Tangshan, Hebei was 1980-2010 yuan/t (delivered to factory); that of II grade metcoke was 1940 yuan/t. A few steel mills in Shanxi sent a letter last week requesting a reduction of the purchasing price of metcoke by 50 yuan. The coking plants did not accept it. The actual implementation of the blast furnace production limit at the steel mills in Tangshan, Hebei was not as expected and the demand for metcoke was stable. In terms of coking plants, shipments of metcoke are stable, there is no accumulation of stocks, and prices are actively firmed up. Metcoke market in Hebei is expected to be stable in the short term. Link: Market price of Hebei Metcoke on Jul 6,20
SteelHome Express: Quotations of Standard I Grade Metcoke at Ports up 20 Yuan On July 27, quotations of standard I grade metcoke expected by some traders will rise by 20 yuan to 1850-1870 yuan/t (in cash, picked up by buyers). Coke concentrated onto yards increased than before. Some traders expressed that coking plants have low intention to sell at low price. FOB price of standard I grade metcoke firmed at 1920-1940 yuan/t (bank acceptance) and that of I grade metcoke (CSR65) stabilized at 2040 yuan/t. Link: Market price of Jingtang Port Metcoke on Jul 27,20 Link: Market price of Qingdao Metcoke on Jul 27,20