Steel First assessed non-blended cargoes of coke with 65% coke strength after reaction (CSR), 12.5% ash and a physical size of 30-90mm at $153-155 per tonne fob Tianjin on Tuesday July 7,
compared with $153-154 per tonne last week.
“We had to pay a bit more this week as Chinese cokeries are operating at low rates – some at only 50-55%. We’re likely to see more production cuts...