Let’s discuss the coke and coking coal markets – what should coking plants do?

Strengthen internal management, save energy and reduce costs, refine internal operations, actively explore new markets, increase investment in research and development, and promote process improvements!

Yes! Steel prices have dropped again, and the coking industry is back in a difficult situation! Keep going! Colleagues, the cold winter will pass!

Why has the price dropped again? I start working in July; if performance isn’t good, won’t that be a problem?……

It’s really hard to keep going like this for such a long time

There’s already a 600,000-ton top-loading coking oven parked next to me, with the water and power switches turned on! The situation is indeed very severe! **Without accelerating the forced closure of small coking plants, the surplus of coke cannot be reversed. With no growth in steel demand, independent coking plants are in a difficult situation.

Strengthen internal management and bring in high-tech talents. Cut expenses and live frugally.

Strengthening management is the key; let’s focus on energy conservation – there are many posts in the group discussing measures to save energy

　　On the afternoon of March 13, 2009, a meeting on the analysis of the coking market in Shanxi Province’s coking industry was held in the conference room on the second floor of the Yingze Hotel. The participants included the heads of over 50 coking enterprises in the province, as well as representatives from the Shandong Coking Association, Hebei Coking Association, Western Ordos Coal Washing Association in Inner Mongolia, China National Coal Coking Corporation, Shaanxi Yellow River Mining Group, Shenhua Group in Inner Mongolia, and the Inner Mongolia Association. The meeting was chaired by Zhang Gangfeng, Secretary-General of the Coking Association. This conference was hosted by Shanxi Pingyao Coal Chemical Group. At the beginning of the conference, Guo Xingyin, the chairman of Shanxi Pingyao Coal Chemical Group, delivered a speech to the guests. 　　Currently, the prices in the steel plant market and the coke market have dropped significantly. Facing a severe and complex market environment, the coking industry is struggling to survive. During the meeting, representatives from various coking companies spoke actively, sharing their opinions and offering many constructive suggestions regarding the current market situation and business conditions. 　　After discussions among the many member organizations present, the Shanxi Coking Industry Association will issue guidance on the coke market in March shortly

Taking secondary metallurgical coke as an example, in January of this year, the prices of coking coal and steel began to recover. By February, the price of secondary metallurgical coke had risen to the level of 1,900–1,950 yuan per ton, but in recent days it has dropped to 1,500 yuan per ton. In addition to the expected decline in demand for steel, a weakening international demand is also a major factor. In contrast, the price of coking coal continues to rise, with the price including taxes ranging from 1,200 to 1,300 yuan per ton, resulting in a situation where the price of coal is higher than that of coke.

The situation is changing rapidly; to get through these difficulties, the only options are to refine management, reduce energy consumption and waste, and continuously cut costs. Additionally, reducing inventory of raw materials helps minimize risks and ensure a stable capital flow. Keep going; perseverance leads to victory! !

Merge upstream. It’s really too difficult to not have one’s own mines under these current circumstances. Overcome the difficulties in the downstream process.