Shanxi, a large coal-produced province in Central China, will restrict the coke production further by 60-70 percent starting from November to cope with the downbeat of domestic coke market, according to guiding opinions about coke market in November proposed by Shanxi Provincial Coking Industry Association recently.
Affected by the decreasing demand for coke since August, the Provincial Coking Industry Association had suggested coking enterprises cut output as much as possible and eligible member enterprises suspend production with guidance of experts as early as in August and September. As of November, it will further expand the production reduction to 60-70 percent and prolonged the time for production reduction and suspension until June of 2009.
Besides, it set the guiding price for coke with less than 0.7 percent sulfur and 12.5 percent ash at 1,800 yuan per ton.
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