[SMM Coking Coal and Coke Daily Brief Review] 20260624

[SMM Coking Coal and Coke Daily Commentary] On the news front, leading coke enterprises initiated the ninth round of coke price increases, raising wet quenched coke by 50 yuan/mt and dry quenched coke by 55 yuan/mt, effective from 0:00 on June 26. In terms of supply, most coke producers remain loss-making, which suppresses their production willingness, and coke supply tightens. On the demand side, steel prices fluctuate downward and steel mill profit margins narrow. However, blast furnace hot me