The price of metallurgical coke Jiangsu Province dropped another 100 CNY/ton

Yesterday, the coke purchase price of Shandong Mainstream Steel Works began to implement the second round of 100 CNY/ton reduction. The metallurgical coke market in Xuzhou, Jiangsu Province, followed closely. The second round of 100 CNY/ton reduction has been determined. Now the quasi-first-level wet quenching quotation is 2050-2100 CNY/ton, and the quasi-first-level dry quotation is 2350 CNY/ton. All of these quotations are ex-factory tax-contained. At present, the inventory of coking plant has risen obviously, the purchase speed of steel plant has slowed down, and it is expected that the next round will be temporarily stable after the downturn. At present, the inventory of Shandong wind vane steel enterprises has been at a high level, and it is possible to downgrade again. Therefore, the metallurgical market in Xuzhou area will continue to operate weakly.