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Home > News > Company Dynamic > Hebei Jiao Enterprises Open Up 100 Downstream Are Not Responding

Hebei Jiao Enterprises Open Up 100 Downstream Are Not Responding

ECHEMI 2019-09-30

coal-mining

The coke price of a large coke enterprise in Hebei increased by 100 CNY/ton on the 16th, after which the quasi-first grade coke was 1890 CNY/ton and the second grade coke was 1860 CNY/ton. All the coke prices were accepted and executed at 0:00 on September 17th. Some steel mills in Tangshan received the information of the upstream rise, which has not been accepted at present. Most of the coke enterprises in Tangshan raised 100 CNY/ton today. The coke enterprises in Shijiazhuang also disclosed their willingness to increase to the downstream steel mills. The rest of the coke enterprises are still on the lookout.

At present, steel mills have good arrivals and normal stock levels. At present, most of them purchase on demand, and their willingness to increase purchasing is not strong. From 6:00 on the 16th to 16:00 on the 18th in Wu'an, large-scale freight vehicles in various enterprises are prohibited from driving on the road. Delivery and arrival of goods in coke-steel enterprises are limited. The steel plant reflects that there is an advance reserve, which has little impact. In addition, with the approaching of Daqing in 70 years, the production limit of the coke steel industry in the adjacent areas will be strengthened or strengthened; the production limit of the steel industry in Wu'an area in late September is higher than that in early September, but the daily consumption of coke is limited, which can not affect the current market trend; the production limit in Tangshan area is not clear, and it still needs to wait and see, but the rate will be tightened. Overall, the loose supply and demand situation in coke market has not changed, and the demand may decline in the later period. It is difficult for this round to rise and fall, and the coke price will continue to run steadily.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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