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Major Chinese steelmaker agrees to raise coke prices by 50 yuan/t

2020-12-04 17:36:32 General,  Price

One leading steelmaker in eastern China's Shandong province was heard to have agreed to adjust up coke buy prices by 50 yuan/t on Dec...

Weekly global coal market news summary (Nov 30-Dec 4)

2020-12-04 15:02:53 General,  International

Indonesian Dec HBA thermal coal price hit a 7-mth high Indonesia's Ministry of Energy and Mineral Resources set its December ...

Weekly China coal market news summary (Nov 30-Dec 4)

2020-12-04 15:00:54 General

Coal inventory stays low at Yangtze River ports; outlook bullish Thermal coal stockpiles continued drifting lower at ports al...

China Nov coking coal market: supply shortage bolstering coal prices

2020-12-02 11:20:20 General,  Price,  Coking Coal

China's coking coal market further firmed up in November, as supply shortage amid frequent safety inspections continued to shore up m...

A brief review of China's steel industry over Jan-Oct

2020-12-02 11:10:49 General

Output keeps growing China's production of pig iron, crude steel, and finished steel stood at 741.7 million, 873.93 million, a...

Colombia's coal mine Cerrejon restarts operation after 3-mth strike

2020-12-02 10:43:34 General,  International

The second largest coal mine Cerrejon in Colombia has restored operation on December 1 as it reached an agreement with its largest la...

China's Nov steel PMI increases to 49.3

2020-12-01 11:59:51 General

Activity in China's steel industry extended the upward momentum in November with both demand and supply showing signs of further reco...

Weekly global coal market news summary (Nov 23-Nov 27)

2020-11-27 15:21:34 General

Global thermal coal import demand may rise 4% in 2021, Noble Global thermal coal import demand is likely to climb up 3.8% fro...

Weekly China coal market news summary (Nov 23-Nov 27)

2020-11-27 15:18:28 General

China's Oct coal imports hit a new low this yr China's coal imports in October hit a new low of 13.73 million tonnes within t...

Shanxi Luliang's raw coal output increases 13.3% YoY over Jan-Oct

2020-11-27 10:48:04 General,  Production & Sales

Luliang's raw coal output reached 115.03 million tonnes in the first ten months this year, increasing 13.3% from a year ago, accordin...

Shanxi closes 19 coking plants so far this year

2020-11-27 09:40:57 General,  Policy

Shanxi has closed 19 coking plants so far this year, involving 10.79 million tonnes per annum (Mtpa) of outdated coking capacity, loc...

Weekly China coking coal market analysis and forecast

2020-11-23 17:15:02 General,  Price,  Coking Coal

China's coking coal market maintained a strong run during the past week, backed by frequent safety inspections in main production hub...

India's solar and wind power costs will be comparable to coal power by 2025

2020-11-20 16:19:10 General,  International,  Thermal Power

The cost of solar and wind power generation in India may become more competitive than coal-fired power in 2025-2030, Moody's Investor...

Weekly global coal market news summary (Nov 16-Nov 20)

2020-11-20 15:02:01 General

Indonesian thermal coal prices climb after new quotas grant to coastal provinces Indonesian thermal coal prices edged up in t...

Weekly China coal market news summary (Nov 16-Nov 20)

2020-11-20 15:01:13 General

Chinese thermal coal participants sidelined on extra import quotas talk Recent market talk on fresh coal import quota grantin...

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Editors Recommendations

1 Chinese utilities looking for Colombian thermal coal 2020-12-04

Chinese utilities are seeking for more thermal coal imports from Colombia this week, as they want to find new steady sources as alternatives to Australia, whose coal products were blacklisted by Beiji

2 China's steel products prices diverge in late Nov 2020-12-04

China's steel products price mixed in late November, according to the latest data from the National Bureau of Statistics (NBS). The prices of rebar and wire rods dropped, while those of m

3 Mongolia works to guarantee coal transport to China during anti-virus 2020-12-04

Mongolia, China's major coking coal supplier, is working to guarantee coal shipments to China through reinforcing unified leadership in anti-COVID-19 process for international cargo freight and tackle

4 China's thermal coal rally may not slow down amid shortage 2020-12-04

Chinese thermal coal rallies that have persisted for seven consecutive sessions are not likely to slow down on outlook of the lingering shortage at northern ports, although some thermal coal indexes,

5 S Africa Exxaro Resources' thermal coal exports to rise 27% YoY this yr 2020-12-04

South African coal producer Exxaro Resources' thermal coal exports are expected to pick up 27% year on year to reach 11.6 million tonnes in 2020, said the company's finance director Riaan Koppeschaar.

6 Coke price in the eighth round uptick; coking coal price remains strong 2020-12-04

According to market source, Rizhao Steel revised up coke purchase price by 50 yuan/t from December 4, marking the scope of coke prices' 8th round growth is expanding. From late August to

7 US coal output slides 5.2% WoW in the 4th week of Nov 2020-12-04

US coal production was estimated at 10.58 million short tons (9.59 million tonnes) over the week ending November 28, falling 5.2% from the previous week and down 10.7% from the same period last year,

8 China's thermal coal indexes halt updating amid market overheating 2020-12-04

Several coal price institutions announced to halt updating their daily indexes of spot thermal coal as the market has been rising too wildly this week. On December 3, CCI Index Team of sx

9 Vale to build 7.66-GW solar power plant 2020-12-04

The world's largest iron ore mining group Vale plans to build a 7.66 GW solar power plant in southeastern Brazil's Minas Gerais state, said the company this week. Vale will funnel $500 mi

10 Indonesian thermal coal keeps strength on strong fundamentals 2020-12-03

Indonesian thermal coal prices drifted higher on December 3 in the Chinese seaborne import market with sources citing solid supply-demand fundamentals. Offer prices of Indonesian Supramax

Most Read News Stories

1 China inks a $1.5bn thermal coal import deal with Indonesia 2020-11-26

China is aiming to expand thermal coal imports from Indonesia in 2021 after the fossil fuel trade has been affected by the COVID-19 this year, according to a recent agreement signed by the two countri

2 China faces Mongolian coal import shortage as coronavirus spreads 2020-11-24

Shipments of Mongolian coking coal to China have been challenged as a second wave of COVID-19 virus appeared in the landlocked country that has triggered strict measures on China's border administrati

3 Global met coal may further strengthen on recovering demand, short supply 2020-11-24

Global metallurgical coal prices are likely to further tick up in the coming months, following recent increaseddemand driven up by the recovering appetites, Russia's VTB Capital said.

4 China Oct thermal coal imports slump 58.02% YoY 2020-11-25

China imported 4.84 million tonnes of thermal coal (including bituminous and sub-bituminous coals but excluding lignite) in October, slumping 58.02% year on year and 41.19% month on month, showed the

5 Indian power utilities' thermal coal imports rebound for 2nd mth in Oct 2020-11-26

Indian power generators imported 4.64 million tonnes of thermal coal in October, up 14.99% from the preceding month, marking the second consecutive monthly increase, showed the latest data from the Ce

6 Global thermal coal import demand may rise 4% in 2021, Noble 2020-11-27

Global thermal coal import demand is likely to climb up 3.8% from the 2020-level in 2021, alongside nations' gradual recovery from the COVID-19 fallout, said an analyst with Noble Resources at the Coa

7 Teck raises coking coal sales to China in Q4 2020-11-25

Canada's coal miner Teck Resources announced that it has raised its coking coal sales to China in the fourth quarter this year due to increased demand, the miner said in a statement on November 22.

8 China's coal-rich province issues regulation to prevent mine accidents 2020-11-25

Northern China's Shanxi province rolled out strict regulation to prevent mine accidents from happening. The provincial government stated once a major accident occurs at a coal mine owned

9 China's Oct coking coal import up 3.5% YoY 2020-11-25

China's coking coal imports in October rose 3.5% from the year-ago level, according to General Administration of Customs (GAC) on November 25. The imports of coking coal totaled 5.9 milli

10 China's coke output increases for 4 straight mths on robust demand 2020-11-23

China's production of coke, a steelmaking material, has increased for four consecutive months on a year-on-year basis, driven by buoyant demand from steel mills. In October, the country's

Most Read Analysis & Comments

1 Indonesian thermal coal prices climb after new quotas grant to coastal provinces 2020-11-19

Indonesian thermal coal prices edged up in the Chinese seaborne import market on news that some coastal provinces had received new import quotas for this year. Southeast China's Guangdong

2 Indonesian thermal coal prices drift higher amid buoyant buying 2020-11-20

Chinese demand for Indonesian thermal coal have surged abruptly this week after several coastal provinces reportedly gained additional import quotas from Beijing, fueling the market to keep moving upw

3 Chinese utilities expected to buy spot thermal coal, fueling optimism 2020-11-16

Chinese coal-fired power plants are expected to replenish stocks of thermal coal from the spot market, alongside the fading role of hydropower amid cooler weather and increasing demand for thermal pow

4 Chinese buyers seeking alternatives to Australian thermal coal 2020-11-16

Chinese buyers are looking to diversify import sources of seaborne thermal coal after Australian thermal coal was restricted. Shipments from South Africa and Colombia have been heard in the market.

5 Guangdong gains new seaborne coal import quotas, sources 2020-11-18

Southeastern China's Guangdong province received additional import quotas of seaborne thermal coal for the rest of this year, sources familiar with the matter said on November 18. A sourc

6 Coal supply tightness could hardly ease in short term amid safety checks 2020-11-19

The supply tightness in China's domestic thermal coal market may continue in the near term despite the central government's push to boost production. China has kicked off an across-the-bo

7 Chinese thermal coal market Dec outlook diverges 2020-11-20

December outlook diverged for Chinese spot thermal coal market, as recent allocation of additional import quotas has dented confidence of some participants. Short-term optimism and pessim

8 COVID-19 hampers Mongolian coking coal shipments to China 2020-11-23

Chinese border crossing checkpoints have taken anti-pandemic measures as new COVID-19 infectious cases were founded in Inner Mongolia, putting a lid on coking coal shipments to China, sources said.

9 Chinese thermal coal participants sidelined on extra import quotas talk 2020-11-19

Recent market talk on fresh coal import quota granting to Chinese coastal provinces have stirred concerns and wait-and-see sentiment among participants in China's domestic thermal coal market, which s

10 Market confidence improves amid China's thermal coal shortfall 2020-11-18

Market participants' confidence was reinforced alongside persistent thermal coal shortfall and signs of price markup at northern China ports. Most traders still reported a severe lack of