Friday, 04 Nov 2011
Coke market edges down in northeast China's Heilongjiang province.
The ex-works price of II grade metallurgical coke drops by CNY 30 per tonne to CNY 1,850 per tonne in Qitaihe, in Hegang and Shangyashan, the II grade metallurgical coke price is priced at CNY CNY 1,850 per tonne and CNY 1,840 per tonne down CNY 30 per tonne.
Industry sources report that Chinese steel mills increase efforts to press down purchase price for raw materials and cut back purchase. Coking enterprises have no other choice but to accept it. Currently, several steel mills continue to suspend purchasing the steel-making ingredient.
sourced SteelHome.cn
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