Stable And Increased Domestic Coke Prices

Coking coal prices and improved market demand, thelevel of demand for good coke, Shanxi, Hebei and
domestic coke market prices rose to some extentother places of coking enterprises have said that the
there. Ended ended Dec. 8, the current secondarycurrent inventory is not high steel coke, coke
metallurgical coke price in Shanghai in 1750 yuan / tonprocurement efforts have increased in recent
in Jiangsu and secondary metallurgical coke price 1800shipments of coke in good condition. Shandong, Henan,
yuan / ton, Shandong secondary metallurgical cokecoking also reflects the market demand, coking
price 1700 yuan / ton, the second in Shanxi Provinceenterprises are currently at full capacity, but the little
class metallurgical coke price 1650 yuan / ton Hebeiplant inventory, shipping and smooth.
two metallurgical coke price 1750 yuan / ton, Yunnan    Steel mills have increased their purchases, but
secondary metallurgical coke price 1450 yuan / ton,also constantly raise the purchase price of coke.
has risen 50-100 yuan / ton.December 7, Hengyang Steel Tube will be the
    Together, affect the price of coke The majorpurchase price of coke up 80 yuan / ton, adjusted
factors include the following:from the standard one metallurgical coke in Shanxi
    1, significantly higher coking coal prices,purchase price of the implementation of 1840 yuan /
production costston. Recent metallurgical coke Anyang Yongxing Steel
    Winter has always been the traditional peakto raise the purchase price of 50 yuan / ton, the
season for coal coal demand, the current small coaladjusted quasi-one focus (A <12.5%) the
mines in Shanxi Province before the end of integrationimplementation of the purchase price of 1815 yuan /
and consolidation of the northern strain on theton. An recent purchase price of metallurgical coke,
resources available in the market situation has notsteel will rise 50-80 yuan / ton, the adjusted quasi-one
improved significantly. And because rain and snow,focus (A <12.5%) the implementation of the purchase
coupled with increasingly strained capacity by the endprice of 1815 yuan / ton. Recent individual steel mills in
of the recent northern steel mills and coking coke toGuangxi region from the procurement of coking coal in
the volume of business decreased. Currently, cokingShanxi price 1360 yuan / ton, from the procurement of
coal in Shanxi Province 9 market prices have risen tocoking coal prices in Guizhou region is 1240 yuan / ton.
1,300 yuan / ton, early in November rose 50 per tonne.Recently, Henan Jiyuan Steel to raise the purchase
Hebei Hebei raised three times the energy miningprice of metallurgical coke 80 yuan / ton, the adjusted
coking coal ex-factory price in November. From 21secondary metallurgical coke (A <12.7%) the
November onwards, its ex-factory prices of long-termimplementation of the purchase price of 1730 yuan /
users coking coal up 60 to 1,100 yuan / ton (excludington.
tax), long-term users of non-raised 170 yuan / ton, auto    3, coke companies have raised prices
transport customer implementation of 1,320 yuan / ton    As the demand for improved and the prices of
(including tax price of 1544 yuan / ton), traincoke, coke companies will raise prices more strongly.
transportation customers implement 1300 yuan / tonDecember 1, Coking Industry Association of Hebei
(tax included price of 1521 yuan / ton). Affected by this,Province issued a notice saying recently by the
the present Hebei 9 coking coal market price rose tofrequent coal mine accidents and the impact of tight
1520 yuan / ton, early in November rose 260 yuan /capacity, coal prices soaring, the association raised the
ton.price of coke made in December 50-80 yuan / ton,
    2, market demand, tight supply of coketwo metallurgical coke guide price of 1750 yuan? tons.
resourcesAnd stressed that the market in mid-coke prices may
    Continued high domestic steel production, cokecontinue to rise.
demand is more robust, according to China Steel    Based on current coal, coke, iron and steel
Association statistics, in November 2009 membermarket changes, Shanxi Coking Industry Association,
companies in mid-Steel Association (73) crude steelthrough research, presented in December 2009
production was 12,469,600 tons, average dailyguidance on the coke market, quality to sulfur 0.7, the
production was 1.247 million tons / day; forecast Incoke ash 12.5 for the benchmark December coke
mid-November produced 15.9952 million tonsPrice (car board tax included) minimum 1,750 yuan /
nationwide, average daily production of 1,599,500 tons /ton.
day. As the iron and steel production to maintain a high