[SMM Coking Coal and Coke Daily Brief] February 4, 2026 – Shanghai Metals Market (SMM) in Commodity News 05/02/2026 Supply side, coking plant losses narrowed, production remained relatively stable, and coke supply saw a slight increase. However, downstream procurement pace slowed down, hindering coking plant shipments. Demand side, end-use demand for finished products remained weak with sluggish sales, and blast furnace maintenance plans at steel mills increased. Most steel mills showed low restocking willingness, primarily purchasing as needed. Overall, the coke market is expected to remain stable in the short term. Coking Coal Market: Linfen low-sulphur coking coal offered at 1,650 yuan/mt. Tangshan low-sulphur coking coal offered at 1,450 yuan/mt. Raw material fundamentals: with Chinese New Year approaching, large coal mines prioritize safety, private mines begin holiday shutdowns, supply tightens; downstream coking coal inventory has reached a reasonable level, trading sentiment weakens, high-priced cargoes are harder to conclude, yet current mine stocks are low and offers remain stable. Source: SMM 2026-02-05 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share