Met coke prices treble in 6 months on China curb
Dilip Kumar Jha / Mumbai July 23, 2008, 0:01 IST The dragon country has cut output by 72 per cent to control pollution before the Games. With China cutting output to avoid emission of hazardous gases before the Olympics scheduled for next month, prices of metallurgical coke (met coke), an important ingredient for manufacture of steel and pig iron, have trebled in the last six months. GREEN GUARD # Met coke makes up about 60 per cent of the raw material cost of pig iron making and 50 per cent of steel making # It is now quoted at $875 a tonne from $300 about six months ago