Coke initiates first round of price cuts; Anze low-sulfur premium coking coal has fallen 270 cumulatively to 2,350.

Today, mainstream steel mills have proposed a price reduction for coke procurement, with wet-quenched coke lowered by 100 yuan/ton and dry-quenched coke lowered by 110 yuan/ton, effective from 00:00 on October 1, 2026. On the supply side, supported by the policy of stable production and guaranteed supply, coal mines in major producing areas are advancing resumption of production in an orderly manner, but the overall pace of resumption remains slower than market expectations. Today, overall market transactions were sluggish. Anze low-sulfur premium coking coal fell by 50 yuan/ton to 2,350 yuan/ton, and Linfen Yaodu high-sulfur premium coking coal was traded at 1,955 yuan/ton, down 230 yuan/ton; Lyuliang Lishi high-sulfur premium coking coal was traded at 1,955 yuan/ton, down 65 yuan/ton; Changzhi Qinyuan low-sulfur lean coking coal had an average transaction price of 2,309 yuan/ton, down 44 yuan/ton, and some coal mines still failed to sell after lowering their starting prices. On the demand side, downstream steel mills are currently weak in profit recovery, and today launched the first round of price cuts in the coke market. In addition, after previous restocking, downstream purchasing enthusiasm has clearly slowed.