SMM Daily: The second round of coke price cuts is about to be implemen

Published: Jan 10, 2024 09:33

Save

SMM Daily: The second round of coke price cuts is about to be implemented. Overall, steel mills are controlling coke deliveries, and some coke enterprises still have accumulated inventory. In addition, more blast furnace maintenance plans are gradually increasing, leading to a further loosening of the coke supply and demand structure. In the short term, the coke market may continue to operate weakly, and the second round of coke price cuts is about to be implemented.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

MMi Daily Iron Ore Report (September 2)

Iron ore futures traded softer today. The DCE most-active contract I2701 settled at RMB 714.0/mt, down 1.11% from the previous trading day.

1 hour ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

1 hour ago

2 hours ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

2 hours ago