SMM Daily Comment: The bullish sentiment of the coke market has obviou

Published: Aug 15, 2023 13:13

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SMM Daily Comment: The bullish sentiment of the coke market has obviously weakened. Generally speaking, steel mills are still restarting production, coupled with low coke inventories in steel mills, the demand for coke has not decreased. However, the price of finished products has been falling continuously, the profits of steel mills have been gradually decreasing, and the demand from the terminal is poor, the bullish sentiment of the market has obviously weakened, and the coke market may be temporarily stable in the short term.

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