Steel Products Prices North America
February 19, 2019
CRU: Coke Prices Fall as Chinese New Year Restocking Fades
Written by Tim Triplett
By CRU Analyst Jordan Permain
In the previous edition of CRU’s Steelmaking Raw Materials Monitor, we outlined our expectation of falling prices as coke demand would weaken once restocking after the CNY holidays finished. This turned out to be true; coke demand has been low after mills completed their restocking and, as coke production remained high, producers were forced to cut their prices to sell rising inventories.
