China's Coking Coal Prices Surge Amid Strong Demand
China News
November 7, 2023
Coking coal prices in China have been steadily rising in the latter half of the year due to robust demand from the steel manufacturing sector. Coking coal is a crucial ingredient in the production of coke, a primary component in iron and steel manufacturing. In response to heightened demand, mines in northern China's Shanxi Province are operating at full capacity to meet production needs.