Published: Dec 1, 2023 17:38

"【Coke Enterprises Resume Production, Expecting Profit Increase】

The subsequent increase in coke prices is still expected, and the profits of coke enterprises may continue to improve. However, there is a tight supply of coking coal, and some types of coal are still expected to increase slightly, which may continue to squeeze coke enterprise profits per ton of coke. Next week, the profits per ton of coke for coke enterprises may increase slightly. The downstream steel mills are experiencing a slow decline in iron production, leading to a rigid demand for coke, and some steel mills have a winter stock replenishment demand for coke, so the sales of coke may continue to improve. In addition, the profits of coke enterprises are expected to continue to increase, which may lead to an increase in the utilization rate of coke oven capacity for coke enterprises next week."

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"【Coke Enterprises Resume Production, Expecting Profit Increase】 The s - Shanghai Metals Market (SMM)