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Some steel mills in Shandong have raised their coke purchase prices by more than 10%

April 26goldmegawaysslotAccording to Mysteel, some steel companies in Shandong Province have increased the purchase price of raw coke by 110 yuan/ton. After adjustment, the benchmark price of quasi-first-grade dry quenching metallurgical coke in the Shandong market is 2143 yuan/ton, which will be officially implemented from 0:00 on April 26, 2024.

The increase in coke purchase prices reflects the strong demand for raw materials in the steel industry. At the same time, the rise in coke prices is also expected to have a positive impact on Black's profits.

According to the new price standard for coke, the quality requirements for quasi-first stage dry quenching metallurgical coke are: ash content shall not exceed 13%, and sulfur content shall not exceed 0goldmegawaysslot.7%, CSR (coke reactivity) is not less than 60%, and total water content is not more than 0.5%. These indicators are key factors in measuring coke quality.

As an important raw material for steel production, fluctuations in coke prices often have a significant impact on the profits of steel companies. The increase in coke prices in the Shandong market will have a positive impact on the profit pattern of the steel industry.