Shenmu area coal prices remain stable for now

March 6 saw prices in the Shenmu area hold steady. As more coal mines in the production areas resume operations, coal supply is gradually returning to normal. At present, driven by market sentiment, producers’ quotations mainly show narrow, sideways fluctuations. Downstream buyers maintain long-term contract procurement to keep inventory at a high level, so actual spot trades in the market are limited. (My Steel Network)

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