Chinese coke demand to hit 360 million tonnes in 2008
Interfax China reported that China's coke demand will reach approximately 360 million tonnes in 2008 despite moves to shut down small scale coking plants.
Shanghai Securities News reported the China Coking Industry Association that oversees Chinese coking plants as saying at a press conference in Beijing that China's coke consumption will reach 360 million tonnes nearly 60% of the global total estimated at 600 million tonnes.
According to the China Coking Industry Association in order to keep up with the country's growing coke demand, China commissioned an additional 20 million tonnes of coking capacity last year, with another over 50 million tonnes of capacity due to come online between 2008 and 2009. Output from such expanded capacity is expected to exceed coke demand during the period.
China coke capacity elimination campaign is making inroads into small scale plants, with 12 million tonnes of outdated coke capacity shut down in 2007. This is in line with the government's push to curb industrial pollution and excessive energy use.
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