SMM Daily Report: Poor Delivery of Coking Coal to Steel Mills Overall

Published: Dec 12, 2023 13:34

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SMM Daily Report: Poor Delivery of Coking Coal to Steel Mills

Overall, recent rainy and snowy weather has affected logistics and transportation in the northern region, resulting in poor delivery of coking coal to steel mills. In addition, steel mills have low coking coal inventories and are in need of restocking. With continuing support from coking coal costs, the third round of coking coal price increase is expected to be implemented soon. The coking coal market is expected to remain stable in the future.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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