Coking Coal and Coke Market Report February 2015
2015-03-13 18:00:43 【Print】
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Market Outlook
Coking coal
The declining amplitude of coke price is more than coking coal price in February and most coke plants face losses. So, coke plants and steel mills will reduce coking coal in March with RMB20-40/t.
Coke
Domestic steel market is still bad and steel billet prices stay at a low level, and under the condition, steel mills cut operation or stop operation, resulting in reducing coke demand, so we expected that coke price is hard to stop dropping and will go down by RMB20-40/t in March.
Coking coal
The declining amplitude of coke price is more than coking coal price in February and most coke plants face losses. So, coke plants and steel mills will reduce coking coal in March with RMB20-40/t.
Coke
Domestic steel market is still bad and steel billet prices stay at a low level, and under the condition, steel mills cut operation or stop operation, resulting in reducing coke demand, so we expected that coke price is hard to stop dropping and will go down by RMB20-40/t in March.
