SMM Coke Daily: Market Maintains Stable Operation as Fundamentals Balance Out

[SMM Coke Daily Review: Short-Term Coke Market Maintains Stable Operation]

In terms of supply, most coke enterprises still maintain good profit levels, with stable operating rates, and the impact of environmental protection has weakened, leading to increased operations at some coke enterprises. Demand side, the phenomenon of steel mill maintenance and production cuts has decreased, daily coke consumption has increased, but active shipments from the supply side have ensured good arrivals at steel mills, with purchasing as needed being the main approach. Overall, the fundamentals of coke are moving towards balance, and cost support is gradually stabilizing. It is expected that the coke market will maintain stable operation in the short term.