Sxcoal Met Coke Daily Survey (Nov 19)

All 20 Sxcoal-surveyed coking plants cut prices on Nov 18. As ferrous products' futures prices strengthened, bearish sentiment eased slightly. Despite an improvement in steel trades, steelmakers were still prudent in making coke purchases due to the absence of continued economic stimulus and current slack season. As coke prices dropped for the third time in recent days, most coke producers still retained profits due to feed coal price declines and held high production.

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