According to SMM, in terms of supply in the coke market, the elimination of 4.3-meter coke ovens in Shanxi Province is approaching, and the coke ovens involved have stopped loading coal one after another, and the coke output may decrease significantly, but the iron output is still expected to decrease, and the supply and demand are both weak. The impact of coke oven shutdown on the market may not be as expected. On the demand side, the price of steel fluctuates in the near future, the profit of steel mills is still poor, and the maintenance plan of blast furnaces is gradually increasing, and coke procurement is still cautious, and some steel mills control the arrival rhythm.
Overall, the maintenance plan of blast furnaces in steel mills is gradually increasing, the demand for rigid demand is declining, the shipment rhythm of some coke enterprises in some regions is slowing down, but the backward production capacity in Shanxi is gradually shutting down, and the coke output is expected to decrease, and the coke supply may be in a balanced state, and the coke market may be temporarily stable in the short term.
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