【SMM Stainless Steel Market】Stainless Steel Vacuum Bottle Market Projected to Reach $5.8 Billion by 2031

Zhangjiagang HRC port inventories were 287,000 mt this week, down 6,000 mt WoW, a decline of 2.05%; the YoY decline (solar calendar) was 2.05%, and the YoY decline (lunar calendar) was 22.64%.

[SMM Coking Coal and Coke Daily Brief] In terms of supply, expectations for the fifth round of coke price increase to be implemented are strong. However, current coking costs continue to increase, squeezing coke producers' profits. Coke producers' production enthusiasm has been dampened, and coke production is expected to tighten. In addition, coke producers' shipments have been smooth, and coke inventory remains at low levels. Demand side, steel mill profits are moderate, blast furnace hot metal production fluctuates at highs, and rigid demand for coke remains strong. Some steel mills have relatively low coke inventory and continue to actively restock. In summary, the coke supply-demand pattern continues to be tight, cost support remains strong, and the coke market is expected to hold up well in the short term. The fifth round of price increase is about to be implemented.