Coking Coal and Coke Market Review and Forecast (May 25)

Published: May 25, 2023 17:24

Source: SMM

Save

SHANGHAI, May 25 (SMM) – Coking coal: Coal mines maintain stable production.

SHANGHAI, May 25 (SMM) – Coking coal: Coal mines maintain stable production. Coking coal stocks have declined to varying degrees. Stocks of some high-quality coal are at low levels, thus its quotations were hiked slightly. Other mines kept their offers unchanged.

Coke: Most coking plants still have profits and maintain stable production. Coke stocks fell sharply amid smooth shipments. Steel mills accelerated production resumption, but still tried to push for lower coke prices as steel prices have fallen recently. Restocking by steel mills is about to end, and steel market is bearish, which may weigh on coke prices.

Market review

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Aug 14, 2026 18:21

[Domestic Iron Ore Brief] Next week, domestic ore price gains are expected to trail imported ore prices, and the price spread between domestic and imported ore is likely to continue narrowing.

The dry-basis, tax-inclusive EXW price of iron ore concentrates in East Liaoning edged down to 860 yuan/mt. According to feedback from mines and beneficiation plants, the local price spread between domestic and imported ore is around 60 yuan/mt, while local steel mills generally have a relatively strong desire to bargain down prices and expect to narrow the spread to around 20 yuan/mt. Local mines and beneficiation plants are mostly selling as usual at steel mills' purchase prices. However, iron ore futures recently drifted higher, and the price spread between domestic and imported ore may continue to narrow. Local iron ore concentrate prices are expected to have limited downside room.

Aug 14, 2026 18:21

Aug 14, 2026 18:16

8.14 SMM Global Steel Daily Report

[Flat Products]Today some HRC and other flat-product export prices rose 1-2 USD/tonne day on day, with HRC transaction prices at 484-487 USD/tonne. Market participants report that the enquiry atmosphere for hot-rolled coil is rather quiet, while cold-rolled and coated grades are performing somewhat better, with low prices releasing some business. [Billet]Today billet export FOB prices ran steady to firm, rising 1 USD/tonne, with Jiangyin port offers at 449-454 USD/tonne. According to market feedback, the basis is currently at a reasonable level, many domestic traders were covering short positions, and export business improved. [Rebar]Today rebar export offers at Tianjin port were steady, with overall transaction prices at 472-477 USD/tonne. According to exporters, overseas enquiries were fair in the morning session, but futures fell back in the afternoon and market sentiment returned to cautious watching, with no clear pick-up in volume

Aug 14, 2026 18:16

Aug 14, 2026 17:58

MMi Daily Iron Ore Report (August 14)

Iron ore futures traded firmer today. The DCE most-active contract I2701 settled at RMB 710.5/mt, up 0.42% from the previous session. Spot prices at Qingdao Port rose RMB 5-9/mt from the previous trading day. Traders were active in offering, while mills showed limited enquiry, leaving overall spot transaction volumes moderate as of press time.

Aug 14, 2026 17:58