【Shanxi 4.3-meter coke ovens eliminated, unable to resist the decline

Published: Oct 27, 2023 19:19

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【Shanxi 4.3-meter coke ovens eliminated, unable to resist the decline in coke prices in early November】As coke producers reduce production, steel mills are also reducing production, resulting in a decrease in both supply and demand for coke. In addition, coke producers are more profitable than steel producers, with most of them breaking even, while steel producers are generally losing 100-200 yuan/ton. With steel mills having more bargaining power, they are likely to start a price reduction next week, and coke prices will face a challenge of price reduction.

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