Coke price up 50 yuan in Hebei

The Hebei Coking Industry Association decided to raise the monitor price of coke by 50 yuan per ton on May 5 following a rise of 30 yuan per ton on May 1. Some mills have already accepted the new prices. Insiders attributed the rise to the supply deficiency and a 50 yuan per ton rise in coking coal price. They didn’t rule out the possibility of further rise in coke price in the future.