Technology, Consumer Staples, Healthcare Jan 25, 2022 05:20 PM (GMT+8) · EqualOcean
Shanxi Coking announced that the net profit is expected to increase by 125 million yuan to 187 million yuan in 2021, with a year-on-year increase of 11.4% - 17.05%. In 2021, China's coke market showed a trend of sharp rise and fall. In the first quarter, coke prices fluctuated and fell due to factors such as the continuous production and supply rise of new coke ovens and the contraction of steel market demand; 2、 In the third quarter, after the epidemic, the global economy showed a recovery trend, with high steel consumption, large increase in coke demand and rapid rise in coke price; In the fourth quarter, the price fell rapidly, the consumption of downstream steel market fell, and the demand for coke continued to shrink.