The eighth round of spot price increases has been fully implemented, with mainstream steel mills raising prices for coking coal.

Yesterday, the average price of quasi-first-grade metallurgical coke was 1927 yuan per ton. The eighth round of spot price increases has been fully implemented, with mainstream steel mills raising wet quenched coke by 50 yuan per ton and dry quenched coke by 55 yuan per ton. The price increase in the spot market has been realized. The previous safety inspections at coal mines in areas such as Qinyuan, Shanxi still have an impact. Although some high-sulfur coking coal mines have gradually resumed production, the production capacity has only recovered to 40% of the level before the shutdown. The shortage of low-sulfur high-quality coke is severe, with domestic mines utilizing only 71.2% of their capacity and continuing to reduce their inventories. Import clearance of Mongolian coal is stable, but it mainly consists of medium-sulfur 1/3 coking coal, with limited availability of high-sulfur primary coking coal, and the structural shortage of coal sources has not been relieved. The total inventory of coke in coking plants is 10.69 million tons, a decrease of 2.8% compared to the previous week. The number of days of available raw materials continues to decrease, limiting the ability of coking plants to continuously increase production.