【SMM Steel Morning Meeting Minutes: First round of coke price increases implemented, futures market fluctuates upward】

Yesterday, the main contract I2401 fluctuated with a bias towards strength and finally closed at 968, up 0.47% for the whole day. Traders sold goods with the market, while steel mills mainly adopted a cautious wait-and-see attitude, with a relatively poor purchasing willingness. The overall market transaction atmosphere was poor yesterday, with the transaction price of PB powder in Shandong at 992 yuan/ton, up 7 yuan/ton from the previous day. The transaction price of PB powder in Tangshan area was 998-1000 yuan/ton, up 8-10 yuan/ton from the previous day.