Coke Coal And Coke Prices Witnessed Rising Demand

[Steel Billet] Today, export billet quotations were in the doldrums, with negotiable prices at $465-467/mt. Recently, the yuan has depreciated against the dollar, leading to a slight improvement in export advantage. Inquiries from outside China increased, but actual transactions remained moderate. Market rumors suggest steel billet orders have improved, with some cargoes flowing to domestic trade or exporter short-covering, while actual overseas demand still awaits the return of China's export price advantage. [Rebar] Affected by the exchange rate depreciation, export quotations for rebar edged down $2/mt today, with negotiable prices at $484-486/mt. According to feedback from market traders, inquiries from outside China increased slightly recently, but actual transactions remained moderate. At present, quotations from steel mills in South China continue to hold at high levels, with weak transactions. [Sheets & Plates] Affected by the afternoon plunge in Chinese futures, export prices for HRC and other sheets & plates edged down slightly on a day-on-day basis today, with HRC transaction prices at $491-500/mt. In recent days, market rumors have suggested that export orders are improving. According to SMM's verification, flows to the Middle East, although shipping has become somewhat smoother, still face high freight rates, and most clients expressed the need to wait and see; however, orders for sheets & plates and billets destined for Turkey have increased noticeably recently. It is understood that this may be due to fewer arrivals of other resources, leading to procurement shifting to China.

Hoje, os futuros de minério de ferro da DCE enfraqueceram, com o contrato mais negociado I2609 fechando a 735 yuans/tonelada, queda de 1,08% em relação à sessão de negociação anterior. Os preços spot nos portos caíram 5 a 7 yuans/tonelada em relação ao dia anterior.

[China Iron Ore Brief] O preço EXW do concentrado de minério de ferro com teor de 65% na região de Chengde, em base seca e com impostos inclusos, se mantém em 925 yuans/tonelada. De acordo com o acompanhamento da SMM, após sucessivos acidentes em minas na região de Kuancheng, em Chengde, as minas locais e as usinas de beneficiamento estão atualmente em estado de suspensão. Isso intensificou o aperto geral dos recursos locais de concentrado de minério de ferro, fornecendo forte suporte para os preços do concentrado de minério de ferro na região. Do lado da demanda, as siderúrgicas e comerciantes compram majoritariamente conforme a necessidade, com um forte desejo geral de negociar preços mais baixos.