MYSTEEL: Will winter restocking prop up China's coking coal market?

The uncertain landscape for winter restocking intensity this year has clouded prospects for the Chinese coking coal market in the near term. Despite lingering hopes for its potential support, the support for market prices is anticipated to be limited, Mysteel predicts in its latest monthly report.

The report estimates that total coal purchases by downstream coking plants and steel mills for their winter consumption ahead of the upcoming Chinese New Year (CNY) that falls on February 17 2026 will likely remain low at around 4.3 million tonnes, basically flat from that for last winter. Chinese steelmakers