There were mixed ups and downs in the domestic steel market, with 10 reports of 2,930 yuan/ton, including tax, from the factory to Tangshan Qian'an. In terms of transactions, the market trading atmosphere was average in the morning. In the middle of the session, resources at low prices were reduced in some cities, prices moved closer to high levels, and transactions improved slightly. Full-day transactions were roughly comparable to the previous trading day. Mainstream steel mills in Hebei, Tianjin and other places initiated the third round of coke lifting, reducing wet coke by 50 yuan/ton and dry-quenched coke by 55 yuan/ton, and implemented at 00:00 on August 7, 2026. The core driving force of this round of price cuts is still negative feedback on the demand side brought about by the continued decline in iron and water production due to losses in steel mills. However, the tight supply of coking coal and the deepening losses of coking companies and the expansion of production limits are limiting the room for further decline in coking prices, and the market may be bottoming out. The overall forecast is that coke prices will remain weak in the short term.

There were mixed ups and downs in the domestic steel market, with 10 reports of 2,930 yuan/ton, including tax, from the factory to Tangshan Qian'an. In terms of transactions, the market trading atmosphere was average in the morning. In the middle of the session, resources at low prices were reduced in some cities, prices moved closer to high levels, and transactions improved slightly. Full-day transactions were roughly comparable to the previous trading day. Mainstream steel mills in Hebei, Tianjin and other places initiated the third round of coke lifting, reducing wet coke by 50 yuan/ton and dry-quenched coke by 55 yuan/ton, and implemented at 00:00 on August 7, 2026. The core driving force of this round of price cuts is still negative feedback on the demand side brought about by the continued decline in iron and water production due to losses in steel mills. However, the tight supply of coking coal and the deepening losses of coking companies and the expansion of production limits are limiting the room for further decline in coking prices, and the market may be bottoming out. The overall forecast is that coke prices will remain weak in the short term.