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.

Hari ini, kontrak berjangka bijih besi DCE melemah, dengan kontrak paling aktif I2609 ditutup pada 735 yuan per metrik ton, turun 1,08% dari sesi perdagangan sebelumnya. Harga spot di pelabuhan turun 5–7 yuan per metrik ton dari hari sebelumnya.

Harga EXW konsentrat bijih besi kadar 65% di daerah Chengde, basis kering dan termasuk pajak, tetap di 925 yuan/metrik ton. Menurut pemantauan SMM, menyusul kecelakaan berturut-turut di tambang di wilayah Kuancheng, Chengde, tambang dan pabrik benefisiasi lokal saat ini dalam status dihentikan. Hal ini memperketat kelangkaan sumber daya konsentrat bijih besi lokal secara keseluruhan, memberikan dukungan kuat bagi harga konsentrat bijih besi lokal. Di sisi permintaan, pabrik baja dan pedagang sebagian besar membeli sesuai kebutuhan, dengan keinginan kuat untuk menawar harga lebih rendah.