[Daily SMM Hot Rolled Coil Trading] Spot trading volume increased slightly

[ Yonggang 2026 Q1 Regular Steel Price Adjustment ] Yonggang's 2026 Q1 construction steel price adjustment: rebar and wire rod remained stable; current rebar at 3,450 yuan/mt, common wire at 3,700 yuan/mt, and coiled rebar at 3,700 yuan/mt; the monthly discount interest rate for electronic bank acceptance this period was 1.67 per thousand for first and second tier banks, 1.77 per thousand for provincial city commercial banks, and 1.97 per thousand for third and fourth tier banks. [ SMM Steel ]

[SMM Coking Coal and Coke Daily Brief] Supply side, most coking plants are operating normally, and production was basically stable. Currently, most coking plants remain near the break-even point, showing limited enthusiasm for increasing output. Demand side, the steel market is fluctuating, and steel mill coke inventory is at a reasonable level. Only a few steel mills are conducting small-scale rigid restocking, with overall purchasing demand for coke remaining cautious. In summary, the coke market is expected to operate in the doldrums next week, with expectations of a price decline.