In the January-March period of the current year, China’s coke output amounted to 110 million mt, decreasing by 4.1 percent year on year, as announced by China’s Ministry of Industry and Information Technology (MIIT). In particular, coke output produced by integrated iron and steel companies amounted to 30 million mt, up 0.3 percent year on year, while production by coking plants amounted to 80 million mt, down 5.5 percent year on year.
In the first quarter of the year, China exported 682,000 mt of coke, down 65.9 percent year on year, with the average export price at $231.6/mt, down 23.5 percent year on year.
In the given period, coking plants registered an operating revenue of RMB 38.54 billion ($5.4 billion), down 19.5 percent year on year, and a gross profit of RMB 670 million ($94.5 billion), down 74.7 percent year on year.