SMM Daily Comment: The short-term coke market is expected to run stably with a slight bullish bias. Generally speaking, the recent decline in steel prices and the implementation of production control policies in many places have increased the resistance of steel mills to the price increase of coke. However, steel mills are still restarting their blast furnaces, which requires replenishment of stocks. In addition, the coke inventory of steel mills is relatively low. Therefore, the short-term coke market is expected to run stably with a slight bullish bias, and there is hope for the fifth round of coke price increase to take effect.
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