Coke Coal And Coke Prices Witnessed Rising Demand

[Steel Billet] Today, export billet quotations were in the doldrums, with negotiable prices at $465-467/mt. Recently, the yuan has depreciated against the dollar, leading to a slight improvement in export advantage. Inquiries from outside China increased, but actual transactions remained moderate. Market rumors suggest steel billet orders have improved, with some cargoes flowing to domestic trade or exporter short-covering, while actual overseas demand still awaits the return of China's export price advantage. [Rebar] Affected by the exchange rate depreciation, export quotations for rebar edged down $2/mt today, with negotiable prices at $484-486/mt. According to feedback from market traders, inquiries from outside China increased slightly recently, but actual transactions remained moderate. At present, quotations from steel mills in South China continue to hold at high levels, with weak transactions. [Sheets & Plates] Affected by the afternoon plunge in Chinese futures, export prices for HRC and other sheets & plates edged down slightly on a day-on-day basis today, with HRC transaction prices at $491-500/mt. In recent days, market rumors have suggested that export orders are improving. According to SMM's verification, flows to the Middle East, although shipping has become somewhat smoother, still face high freight rates, and most clients expressed the need to wait and see; however, orders for sheets & plates and billets destined for Turkey have increased noticeably recently. It is understood that this may be due to fewer arrivals of other resources, leading to procurement shifting to China.

Hoy, los futuros de mineral de hierro de la DCE se debilitaron. El contrato más negociado, I2609, cerró a 735 yuanes/tm, un 1,08 % menos que en la sesión anterior. Los precios spot en puerto cayeron entre 5 y 7 yuanes/tm respecto al día anterior.

[Informe breve sobre mineral de hierro de China] El precio EXW del concentrado de mineral de hierro de grado 65% en la zona de Chengde, sobre base seca e impuestos incluidos, se mantiene en 925 yuanes/tm. Según el seguimiento de SMM, tras sucesivos accidentes en minas de la región de Kuancheng en Chengde, las minas y plantas de beneficio locales están actualmente suspendidas. Esto ha intensificado la escasez general de recursos locales de concentrado de mineral de hierro, brindando un fuerte respaldo a los precios locales del concentrado. Por el lado de la demanda, las acerías y los comerciantes compran principalmente según sus necesidades, con un fuerte deseo general de negociar precios a la baja.