Is it the right time to enter the coking industry now?

It is possible to enter the market; the coke industry currently enjoys huge profits, and with the strategy of urbanization, its future prospects are very bright. I have been working in the coking industry for nearly 20 years

Regarding the cycles in the coking industry, you can refer to those in the steel industry. The golden age has passed; entering this industry now, at a late stage, is a rather awkward situation with high risks involved.

Indeed, the real economy has now reached an awkward stage; under the current strict environmental regulations, the coking industry is truly concerning, and there isn’t much confidence in its future.

There are only failing companies, not failing industries. Challenges and opportunities coexist. If the extensive management approach typical of the coking industry is continued, it is better not to enter this sector; instead, precise management and clean production practices must be adopted. Our country is characterized by **abundant coal, limited gas resources, and scarce oil**. From the perspective of energy strategy and **security**, it is neither possible nor acceptable for our country to give up the development of coal; this is an inevitable trend – those who follow it will thrive, while those who go against it will perish! Coking of coal is actually the cleanest and least energy-intensive method in the process of coal conversion; it’s just that we approach this process in a too rough manner and with insufficient oversight, which gives it an unsophisticated appearance that is inconsistent with today’s mainstream value of prioritizing environmental protection. In recent years, China’s coking industry has only just started to move along a normal path of development, yet some short-sighted owners are eager to withdraw. The coking industry is just getting off the ground; it’s not at a dead end. Come on, friend – the bright prospects of the coking industry offer a vast stage for you to realize your personal ambitions.

I have confidence in coking. . . . . . .

I don’t know what the author means by “entering”. Start my own factory? In this industry, isn’t a large amount of initial capital required?

Some coking enterprises are unable to turn a profit for various reasons, and those in society who have capital, market access, and connections want to take advantage of the industry’s downturn by leasing, contracting, or managing these enterprises.

The core coking industry has become a declining sector, but the industries related to coking still hold great potential, such as coke oven maintenance and environmental protection projects

It is now completely possible to enter, but the focus should not be on coke; instead, emphasis should be placed on chemical products.