Telah Terbit: Aug 16, 2023 07:35
Summary of SMM Steel Morning Meeting: Interest Rate Cut Releases Positive Policies, Short-term Negative Factors Exhausted? The fundamentals are good for coking profit, coking enterprises are willing to increase production, supply has increased, coking enterprises are currently shipping smoothly, and the overall inventory of coke is low. Steel mills are operating at a high level, and coke inventory in the mill is low, which is relatively strong for coke demand, but steel mill profits are shrinking and steel prices are weak, which reduces the enthusiasm for coke procurement, and basically adopts on-demand procurement.

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