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Some steel mills in Shandong have increased the purchase price of coke by more than 10%.
April 26thPfluegertrion36kgAccording to Mysteel, some iron and steel enterprises in Shandong Province are interested in raw material coke.Pfluegertrion36kgThe purchase price has been raised by 110 yuan per ton. After adjustment, the benchmark price of quasi-first-class CDQ metallurgical coke in Shandong market is 2143 yuan / ton, which will be formally implemented at 0: 00 on April 26, 2024.
The increase in coke purchase prices reflects the strong demand for raw materials in the iron and steel industry. At the same time, the rise in coke prices is also expected to have a positive impact on black profits.
According to the new price standard of coke, the quality requirements of quasi-first-grade CDQ metallurgical coke are as follows: ash content shall not exceed 13% and sulfur content shall not exceed 0.Pfluegertrion36kg.7% CSR (coke reactivity) is not less than 60%, and the total water content is not more than 0.Pfluegertrion36kg.5%. These indexes are the key factors to measure the quality of coke.
As an important raw material for iron and steel production, the fluctuation of coke price often has a significant impact on the profits of iron and steel enterprises. The increase in coke prices in Shandong market will have a positive impact on the profit pattern of the iron and steel industry.
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