Global Coke Category - Procurement Market Intelligence Report
The production of new cost-effective coke oven battery is a key growth driver for the coke market. The adoption of new technologies and processes such as heat-recovery processes, automation, and supply chain management solutions has helped suppliers of coke lower their operating costs, as they are helping suppliers identify cost-saving opportunities, and increase the efficiency and productivity of their coke oven facilities.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the coke market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, coke market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Coke Category - Procurement Market Intelligence Report
SpendEdge recognizes the following companies as the key suppliers in the Global Coke Market:
China Shenhua Energy
Jiangsu Shagang Group
Commenting on the report, an analyst from SpendEdge said: “The pricing of coke is constantly fluctuating due to reasons such as variations in fuel prices, demand and supply scenarios, level of adoption of alternatives, instances of labor unrest, and regulatory changes. Buyers should have a clear understanding of all these factors and the quantum of their influence on final costs when they are negotiating for the coke prices,”
According to the report, the recovery of the steel industry in Russia, Brazil, and India has increased the demand for coke. This can be attributed to an increase in investments by governments of these countries in the iron and steel industry to revive the stagnant manufacturing sector.
Further, the report states that high transportation costs is one of the challenges faced by buyers in the coke market. Coke often undergoes long transits, especially when being transported to countries that have a deficit in domestic supply and import coke from countries that have a surplus.
BHP ,Sinochem ,China Shenhua Energy ,SunCoke Energy ,Jiangsu Shagang Group