[SMM Coking Coal Daily Review: Rigid Demand for Coke Persists]
In terms of supply, coke enterprises maintained stable production loads, with moderate sales performance. Only a few coke enterprises increased production cuts due to environmental protection factors, while coal mines continued to offer concessions, leaving coke enterprises under no profitability pressure. Demand side, finished steel prices fluctuated rangebound, with simultaneous blast furnace maintenance and resumption. It is expected that the decline in pig iron production will significantly slow down, and steel mills maintain rigid demand for coke. In summary, the coke market may remain stable in the short term.
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