According to SMM, the supply side of the coke market is still relatively active in terms of production, with a good shipment rhythm and no obvious inventory pressure in the factory. In addition, the 4.3-meter coke ovens in Shanxi are about to be eliminated, and the supply of coke has weakened. On the demand side, steel mills are suffering greater losses and cost pressures, and the phenomenon of steel mills shutting down for maintenance is increasing, weakening the demand for coke.
Overall, some steel mills still have certain demand for coke, but in the near future, steel mills' profits have been affected and production has been reduced to varying degrees, weakening the demand for coke. In the short term, the coke market may remain stable.
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