"SMM Daily: The second round of price increase for coking coal is abou

Published: Nov 23, 2023 12:08

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"SMM Daily: The second round of price increase for coking coal is about to be implemented. Overall, downstream steel mills are turning a profit and facing the demand for winter stockpiling, which has led to a high enthusiasm for purchasing coking coal. In addition, the strong upward trend in the price of coking coal due to coal mine accidents has exacerbated losses for coking enterprises. Most coking enterprises have initiated a second round of price increases, and the short-term coking coal market may continue to operate on the strong side."

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