[SMM Coking Coal Market Weekly Report] On the supply side, coking enterprises reduced production and extended coking time during the Spring Festival, and even though some coking enterprises are expected to increase production after the holiday due to downstream stock replenishment, overall coking coal supply remains tight. On the demand side, most steel mills have completed their Spring Festival stock replenishment, and purchasing has slowed down during the Spring Festival, with only some steel mills planning to replenish stocks after the holiday, resulting in general moderate demand. On the raw material side, before and after the Spring Festival, coal mine production focused on safety, making it difficult for coking coal supply to increase. However, after the Spring Festival, an increase in production is expected for most coal mines, which may lead to an increase in coking coal supply or a decrease in coal prices...
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