[SMM Daily Review on Coal and Coke]
In terms of supply, costs declined, most coke enterprises saw profit recovery, and production remained at a relatively high level. Demand side, end-use demand improved to some extent, finished steel prices stabilized, and some steel mills resumed blast furnace operations, leading to increased coke consumption and a slight rise in steel mills' purchasing enthusiasm. Overall, coke supply remained sufficient, with fundamentals still relatively loose. In the short term, the coke market may fluctuate downward, and the eleventh round of coke price cuts may be implemented this week.
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