煤炭行业周报：陕蒙坑口煤价止跌，“金三”补库值得期待

Investment Rating - The report maintains a "Recommended" investment rating for the coal industry [1]. Core Insights - The report highlights that the coal prices at the Shaanxi and Inner Mongolia pitheads have stopped declining, and there is an expectation for inventory replenishment during the "golden March" period [2]. Weekly Data Tracking Thermal Coal - The pithead coal prices in Shaanxi and Inner Mongolia have stabilized, and terminal inventories are being reduced as expected [8]. Coking Coal and Coke - Coking coal prices are gradually stabilizing, and the cost pressures on coke have eased [21]. Downstream Changes - The daily average pig iron output from 247 sample steel mills nationwide is reported at 230.51 thousand tons, showing a slight increase [26]. Futures Market - The prices of coking coal futures have continued to decline, with price spreads narrowing [34]. Transportation Situation - Both sea and land freight rates continue to rise, while the transportation volume on the Daqin line in February has decreased by 0.5% year-on-year [37]. Weekly Market Review (March 3-7, 2025) - The report provides performance metrics for various indices and coal companies, indicating a mixed performance with the coal sector showing a slight increase of 0.13% [41]. Weekly Outlook (March 2-8, 2025) - The report includes a table of coal companies with their ratings, closing prices, and weekly performance, indicating a generally stable outlook for major players in the coal industry [43].