Core Insights - The "2025 Smokeless Coal Industry Conference and Supply-Demand Connection Meeting" was held in Jincheng, focusing on the smokeless coal industry, its clean and efficient utilization, and downstream applications [1][14] Industry Overview - Jincheng's smokeless coal is expected to enter a peak platform period during the 14th Five-Year Plan, with prices seeking balance between supply-demand and cost support, making it difficult to reach previous high levels [3] - The chemical industry will be a core demand driver, while the power sector will continue to play a stabilizing role, and the metallurgy sector faces structural contraction [3] - The industry aims to promote green mining, strengthen coal-electricity synergy, and expand high-value paths such as carbon-based new materials [3] Market Predictions - The coal market in 2025 is anticipated to show a "low in the front and high in the back" trend, with a general downward price movement in the first half due to a loose supply-demand situation, followed by a tightening supply in the second half [12] - The overall supply is expected to remain stable, with a gradual reshaping of the supply-demand structure [3][12] Technological Innovations - The application of axial flux motors in industrial fields is highlighted, showcasing significant advantages such as a 50% reduction in size and weight, and a 17%-32% overall energy saving rate [8] - The integration of "motor + system" energy-saving solutions is driving the industrial sector towards intelligent and low-carbon transformation [8] Application in Metallurgy - Smokeless coal plays a crucial role in iron-making processes due to its low sulfur, low ash, high fixed carbon, and high calorific value [10] - It is primarily used in three key areas: blast furnace injection, sintering, and coking, contributing to cost reduction and improved operational stability [10] Policy and Strategic Direction - The conference aligns with the directive to promote the coal industry from low-end to high-end and from primary fuel to high-value products, indicating a strategic shift towards high-quality development [14][15] - The industry is positioned to face new challenges and opportunities through collaboration and innovation, with smokeless coal being essential in various sectors including power, metallurgy, and emerging fields [15]