[SMM Analysis: Coke Oven Operating Rate Slightly Declined, Steel Mill Inventory Continued to Build Up]
According to the SMM survey, the coke oven capacity utilisation rate stood at 77.22% this week, down 0.83 percentage points WoW. Although coke prices fell this week, most coke producers still achieved slight profits, maintaining relatively high production enthusiasm. In some regions, operating rates declined due to weather conditions, leading to a slight overall decrease in the operating rate of coke producers.
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