Telah Terbit: Oct 29, 2023 11:03
According to SMM, in terms of supply in the coke market, affected by the backward production capacity closure in Shanxi, coke production has obviously decreased, but downstream demand has declined, coke supply and demand are both weak, and inventory remains at a low level. On the demand side, recent macro policy support has boosted steel prices, but steel mills are still in a loss-making state, blast furnace maintenance is still increasing, and coke demand is weakening. Overall, steel mills still expect coke prices to fall, but the degree and speed of coking coal price reduction are relatively slow, and some regions' coke companies are still limiting production, the market is mainly watching, and the short-term coke market may remain stable.

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