[SMM Coking Coal and Coke Daily Brief] Supply side, coke producers had relatively small losses and moderate production enthusiasm, with coke supply remaining at high levels. Coupled with strong downstream demand, coke producers' coke inventory stayed at low levels. Demand side, steel mills' daily average hot metal production edged up, strengthening rigid demand for coke, and most steel mills currently showed moderate purchasing enthusiasm. In summary, coke fundamentals exhibited a tight balance, but cost support is expected to weaken, and the short-term coke market is likely to hold up well with a generally stable with slight rise trend.

[SMM Coking Coal and Coke Daily Brief] News: Leading coke enterprises initiated a coke price increase of 50-55 yuan/mt, effective from 00:00 on April 13. In terms of supply, coke enterprises suffered relatively small losses, and production enthusiasm was moderate. Current coke supply remained stable. Combined with good shipments from coke enterprises, coke inventory continued to stay at low levels, with some coke enterprises holding back from selling. Demand side, steel mills maintained strong production enthusiasm, hot metal production increased again, and daily coke consumption rose. Additionally, affected by maintenance on some railway sections, coke deliveries were disrupted, and coke inventory at some steel mills declined slightly. In summary, some coke enterprises still held bullish expectations for the market outlook, and the coke market is expected to be generally stable with slight rise in the short term.

[Domestic Iron Ore Brief] Domestic iron ore concentrates market prices showed mixed performance this week. In terms of regional performance, prices in Tangshan, Qian'an, and Qianxi in Hebei rose slightly by 1-5 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning dropped by 10-15 yuan/mt; prices in east China remained relatively stable.

[SMM Coking Coal and Coke Daily Brief] News: Individual coke enterprises in Inner Mongolia initiated a coke price increase of 50-55 yuan/mt, effective from 00:00 on April 13. In terms of supply, most coke enterprises currently had relatively small losses, with stable operating rates and good shipments, and in-plant coke inventory continued to decline. Demand side, steel mills maintained high and stable operating rates, hot metal production fluctuated at highs, daily coke consumption increased, and affected by maintenance on some railway sections, coke arrivals were disrupted, leading to a slight decline in coke inventory at some steel mills. In summary, some coke enterprises still held bullish expectations for the market outlook, and the coke market is expected to be generally stable with slight rise in the short term.

[SMM Coking Coal and Coke Daily Brief] In terms of supply, coking costs declined slightly recently, coke producers' profitability recovered somewhat, production remained relatively stable, and coke producers' shipments were smooth, with coke inventory showing a downward trend. On the demand side, finished steel market sales improved, steel mill profits increased, and coupled with the steady rise in daily average hot metal production at steel mills, rigid demand for coke strengthened. In summary, the fundamental landscape remained in a tight balance, and the coke market may hold up well and be generally stable with slight rise in the short term.

[SMM Coking Coal and Coke Daily Brief] In terms of supply, coke producers' profits have recovered notably, production enthusiasm was moderate, operations remained stable, and coke sales were smooth with no significant inventory pressure for the time being. Demand side, steel mills maintained normal production, daily average blast furnace hot metal output increased slightly, and rigid demand for coke increased. However, steel mill profitability was generally weak, with only some low-inventory steel mills actively procuring, while most steel mills slowed down their coke procurement pace. In summary, bullish sentiment has faded notably, and the coke market may remain stable in the short term.