[SMM Coking Coal and Coke Daily Brief] 20260416
[SMM Coking Coal and Coke Daily Brief]
Supply side, coking enterprises saw moderate shipments, coke inventory remained at low levels, and most coking enterprises maintained normal production levels, keeping coke supply relatively stable. Demand side, downstream steel mills operated at a good pace, daily average hot metal production increased, and some steel mills with low inventory showed relatively strong willingness to restock coke. In summary, the coke supply-demand pattern was basically balanced, but cost declines were limited. The second round of coke price increase is still expected to materialize, and the short-term coke market is expected to hold up as generally stable with slight rise.