SHANGHAI, Feb 2 (SMM) -
Coking coal
An increasing number of coal mines resumed production, growing output. But the coking coal inventories are currently low. Most market participants stand on the sidelines. Coal mines kept their quotes largely stable.
Coke
On the supply side, coking plants lacked the motivation to produce amid losses. Meanwhile, transportation has recovered, some steel mills restocked aggressively and traders also purchased cargoes. Coke inventories at coking plants have thus been on the decline.
On demand, some steel mills restarted production and this improved demand for coke. Some steel mills purchased as needed due to uncertainties over the market, though.
On the whole, the coke market looks poised to stabilise in the near term.
![[EU, 11억 4천만 달러 규모 산업 열 탈탄소화 경매 개시; 철강 프로젝트 참여 가능]](https://imgqn.smm.cn/usercenter/rBCZR20251217171716.jpg)
![[타타스틸, 오디샤주에서 3억 4,700만 달러 규모 연산 700만 톤 철광석 분쇄·슬러리 프로젝트 승인 획득]](https://imgqn.smm.cn/usercenter/tgoYV20251217171715.jpg)
![[오디샤, 룽타 마인스와 샤캄바리 이스파트의 1,400억 루피 철강 투자 승인]](https://imgqn.smm.cn/usercenter/ikbxI20251217171718.jpg)
