Telah Terbit: Dec 8, 2023 16:37

Coking coal demand weakens, coke enterprises may have a slight increase in inventory expectations

This week, the coking coal sales of coke enterprises are still acceptable, and most of them maintain low inventories. It is expected that the subsequent output of molten iron in downstream steel mills will decrease, leading to a weakening of coking coal demand. Most steel mills are purchasing on demand, and only a few with low inventories still have winter storage demand. However, coke enterprises are maintaining relatively high levels of production, and there is no obvious reduction in production. The supply and demand of coking coal are turning slightly loose, and it is expected that the inventory of coking coal in coke enterprises may increase slightly next week.

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Coking coal demand weakens, coke enterprises may have a slight increas - Shanghai Metals Market (SMM)