As of May 11, the average spot price of second grade met coke in China stood at $293/mt, down by $0.6/mt week on week. Local coke prices in China can be viewed in the SteelOrbis price reports section.
Domestic steel mills have been seeking to limit their costs in line with the decreased prices of steel billet and iron ore. Accordingly, transaction prices for coke are still characterized by softness. Overall, it is thought that coke prices in China may continue to trend down due to sluggish demand.