Published: Sep 1, 2023 19:28
Overall, macro-level benefits are only beneficial to coke, and the benefits are not only for coke, but for the entire black system. The benefits for coke are indirect, but it is difficult for market confidence to suddenly increase due to a certain policy system. The supply and demand pattern of coke has begun to change and even tend to loosen, and the profits of steel mills continue to decline. Coke may have a second round of price cuts in September. Subsequently, the reduction policies of crude steel in Shanxi, Shandong, Jiangsu, Tianjin and other places will be gradually implemented, and there are rumors that Hebei has also held a meeting to discuss the positive impact of "Golden Nine Silver Ten", and the whole coke market in September may run weakly and steadily.

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