[SMM Daily Review: Terminal Steel Market Begins to Accumulate Inventory, Coke Market Operates Steadily]
Today, coking coal futures traded volatile, and spot market transactions were average. In terms of demand, with the implementation of the second round of coke price increase and decrease, downstream coking plants have seen further losses, coupled with the off-season for steel consumption, the downstream steel consumption market has performed poorly, market concerns have increased, and coking plant procurement has become increasingly cautious. Therefore, under the influence of the expected contraction of downstream demand, coking coal prices will continue to operate stably with a slightly weaker trend.

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