According to SMM, the profit of coking enterprises has been slightly r

Published: Oct 30, 2023 22:01

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According to SMM, the profit of coking enterprises has been slightly restored, the production is temporarily stable, the coking coal shipment is normal, and the inventory is at a low level. The 4.3-meter coke oven has been eliminated. In terms of demand, steel mill iron ore output remains high, which still supports the price of coking coal, but steel mill profits are not good, and coking coal is purchased on demand. In general, steel mills still expect coking coal prices to fall, but the decline in coking coal prices is relatively slow and some coking enterprises are still limiting production. In the short term, the coking coal market may remain weak.

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