Major Chinese coking plant Shanxi Province-based Shanxi Coking Co., Ltd. (Shanxi Coking) has announced that its net profit is expected to amount to RMB 74.1515-88.6515 million ($10.6-12.7 million) in 2025, down 66.31-71.82 percent year on year.
In the given year, China’s coke market was characterized by a pattern of oversupply and weak demand, which led to the downward trend of prices. The reduction in crude steel output dampened the demand for coke.
