SHANGHAI, Sept. 21 (SMM) – Domestic low and high-grade NPI producers meet difficulties in buying coke and coking coal, Shanghai Metals Market learns.
The difficulties came mainly from environmental protection inspections in Shanxi and Inner Mongolia, which tightened supply shortages of coke and coking coal. This also grew production costs at domestic NPI producers.
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Based on SMM cost model, production costs at high-grade NPI producers in Inner Mongolia are at 960 yuan per mtu and above.
At present, offers by NPI producers in Inner Mongolia are 970-980 yuan per mtu, or even 1,000 yuan per mtu.
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