Article contentBEIJING — Chinese coking coal and coke futures dropped more than 3% on Tuesday, weighed down by expectation of higher supply and as demand from steel mills remained weak on thin profit margins. We apologize, but this video has failed to load. tap here to see other videos from our team. Try refreshing your browser, or Dalian coking coal, coke futures decline on expectation of higher supply Back to videoA cabinet meeting chaired by Chinese Premier Li Keqiang said on Monday the country would take targeted steps to support the economy, ensuring energy security and coal supplies. Coking coal imports from Mongolia are also resuming at some borders, analysts with Galaxy Futures wrote in a note, highlighting strong expectation of a rise in supplies.

Source: The Star May 24, 2022 10:35 UTC