The short-term mismatch between supply and demand in the coking coal sector has led to an increase in the procurement enthusiasm of steel mills. This week, the arrival of a cold wave in the northern region has led to road closures due to heavy snow, resulting in a disruption in the transportation of coking coal by coking enterprises, leading to a significant accumulation of coking coal inventory. However, downstream demand is still strong, and the profitability of coking coal has seen a noticeable improvement, prompting a slight increase in the production enthusiasm of coking enterprises.

Similarly, steel mills are facing transportation issues this week, with poor arrival of raw materials, coupled with large daily consumption of coking coal, resulting in a decrease in coking coal inventory at steel mills, and most of them have a need to replenish their stock...