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Shanxi Jan-Feb raw coal output up 1.5pct on yr

2018-03-21 15:30:00 Production & Sales,  Others

Above-sized coal firms in northern China's Shanxi province produced 124.72 million tonnes of raw coal over January-February this ye...

IMF calls for calm amid exchanges of trade salvos

2018-03-21 15:15:00 Policy,  Viewpoint,  Steel Products,  Others

The International Monetary Fund chief is calling on countries to keep calm as relations between the US and its trading partners, es...

Global expansion and cooperation set to pay dividends

2018-03-21 11:31:00 Others,  Gas

State-owned enterprises are stepping up efforts to expand their presence in overseas markets as part of the ongoing reform program....

State Grid to invest 21 bln yuan in upgrading China rural power grids over 2018-20

2018-03-21 10:59:00 Policy,  Others

The State Grid Corporation of China will invest 21 billion yuan ($3.2 billion) in upgrading power grids in some rural areas, report...

Xinjiang outbound power transmission over 150 TWh by far

2018-03-21 10:41:00 Production & Sales,  Resource,  Thermal Power,  Wind,  Nuclear,  Solar,  Others

Northwest China's Xinjiang Uygur autonomous region has transmitted a total of 150.66 TWh of electricity to other provinces since th...

Shagang makes 705 mln yuan profit in 2017

2018-03-20 10:18:00 Production & Sales,  Iron Ore,  Steel Products,  Others

Jiangsu Shagang Group Co., Ltd, the largest private steelmaker in China, made profit of 705 million yuan ($108.46 million) in 2017, u...

China Coal Energy Feb polyethylene output doubles on yr

2018-03-19 10:41:00 Others,  MTO

China Coal Energy Co., Ltd, the listed arm of China National Coal Group, produced 60,000 tonnes of polyethylene in February, soarin...

US state of Alaska one step closer for Chinese investment in energy

2018-03-15 14:13:00 International,  Others

The US northwestern state of Alaska is getting one step closer for Chinese investment in its ambitious energy program after US ener...

China coke price up 4.5% in early Mar, NBS

2018-03-14 11:32:00 Others

China's metallurgical coke price rose 4.5% in early March compared to late February, showed data from the National Bureau of Statis...

China LNG price up 13.6% in early Mar, NBS

2018-03-14 11:20:00 Others

China's LNG price rose 13.6% in early March compared to late February, showed data from the National Bureau of Statistics on March 14...

Sichuan Jan-Feb raw coal production with safety fee extracted up 1.43pct on yr

2018-03-14 10:37:00 Others

Output of raw coal with safety fee extracted stood at 4.78 million tonnes in southwestern China's Sichuan province in the first two...

Belt and Road Initiative benefits everyone, says Foreign Minister

2018-03-08 17:13:00 Viewpoint,  Steel Products,  Others

The Belt and Road Initiative is a global public good and follows international rules, Foreign Minister Wang Yi said on the press co...

Hebei to phase out backward steel and iron capacity by 20 Mtpa in 2018

2018-03-08 16:47:00 Environmental Protection,  Iron Ore,  Steel Products,  Others

Northern China's Hebei province vowed to cut surplus steel and iron capacity by 10 million tonnes per annum (Mtpa) each in 2018, re...

China steel, iron ore slide nearly 4pct on tepid demand, trade war fears

2018-03-08 16:32:00 Iron Ore,  Steel Products,  Others

Chinese steel and iron ore futures tumbled almost 4% on March 8, pressured by soft demand in the world's top consumer of both commo...

Shanxi continues to eliminate outdated mining capacity

2018-03-07 17:29:00 Environmental Protection,  Others

North China's coal-rich Shanxi Province plans to cut 16 million tonnes of backward mining capacity in state-owned coal mines this y...

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Editors Recommendations

1 Shanxi's seven large state coal miners still deep in debt, despite good profits last yr 2018-03-21

In the past 2017, high coal prices did significantly improve the profitability of Chinese coal miners, but for Shanxi's seven provincial government-administrated coal enterprises, which are burdened

2 Coal-dedicated Daqin line to start maintenance on April 7; impact seen limited 2018-03-21

China's largest coal-dedicated Daqin railway is set to come into spring maintenance from April 7 to May 1, said sources from the related railway department. It's said the railway will be

3 Maanshan Steel's 2017 profit surges to record high on steel price increase 2018-03-21

Shanghai-listed Maanshan Iron and Steel Co., Ltd. (600808) published the annual report on March 21 that its net profit surged 235.99% to 4.13 billion yuan in 2017, with its EPS (earnings per share) at

4 China's thermal coal market downturn slows while coking coal market differentiates 2018-03-21

China's thermal coal prices fell more slowly these days, with demand slightly picking up from cement plants but remaining tepid from utilities. Around the Bohai Rim area, spot t

5 Overview on China's spot steel products market 2018-03-20

China's spot steel prices continued decreasing last week, but showed an obvious slowdown or even a small pickup for some products in the last days; import iron ore and coke were also seen on a down

6 China's steel prices expected to rebound amid output curbs stretch 2018-03-20

China's steel prices are expected to bounce back in the short run, as some regions have extended output curbs and demand for the material may rebound. Major steel cities including Handan

7 China's raw coal output up in 2017, first pickup since 2014 2018-03-20

China's raw coal output picked up to 3.52 billion tonnes in 2017, a 3.3% increase from a year ago, rising for the first time since 2014, thanks to robust demand and high-quality capacity building an

8 Weekly China met. coke market analysis and forecast 2018-03-20

Coke prices went down by 50 yuan/t in most parts of eastern China's Shandong, some areas in Hebei and other regions last week. For most market players, the price drop seemed out of expectation but w

9 China's steel price drop show signs of slowdown but still under pressure 2018-03-19

China's spot steel products market posted a slowdown in price drops last week, but was still under pressure as steel stocks remained high in the consuming side. As the previ

10 China's longest on-building coal special railway starts rail laying 2018-03-19

Starting from coal-rich Inner Mongolia in the north and ending in southern consuming area Jiangxi, China's longest on-building coal-dedicated railway started rail laying on March 17, marking the part

Most Read News Stories

1 China overcapacity campaign faces its toughest challenge this year 2018-03-12

China's effort to cut overcapacity in steel and coal is expected to face its most difficult challenge this year, although the target may look small compared with the previous two years, analysts said.

2 China's coal capital to add 5.55 Mtpa coal capacity in 2018 2018-03-12

Six coal mines with combined production capacity of 5.55 Mtpa will go into operation in Taiyuan, capital city of coal-rich Shanxi province, this year, said the municipal government. This

3 Indonesia to lose $630 mln in revenue from coal price cap 2018-03-15

Indonesia's decision to impose a price cap on domestic coal prices will lower state revenue by up to 9 trillion rupiah ($630 million) this year, a senior finance ministry official said on March 13.

4 Indian state ports' Feb coal imports down 18.45pct MoM 2018-03-12

India's 12 major government-owned ports imported 12.39 million tonnes of coal in February, down 18.45% from January but up 5.18% year on year, according to latest data released by the India Ports As

5 India's coal-fired power generation growth declines in Apr-Feb 2018-03-16

Coal-fired power generation has registered a 4.37% growth during the April-February fiscal 2017-18, compared with 5.47% in the previous corresponding period. Analysts, however, are predicting an incre

6 China steel exports may fall further in 2018: top executive 2018-03-12

Chinese exports of steel products may continue to fall this year due to strong domestic demand and reductions in capacity due to environmental commitments, the chairman of state-owned mill Fujian Sang

7 Yancoal to produce 70 Mt of raw coal in 2018 2018-03-14

China's Yancoal Australia Ltd, the largest pure-coal producer in Australia, is expected to produce at least 70 million tonnes of raw coal in 2018, according to Xinhua. The annual raw prod

8 Indonesian steps up for Rio Tinto coal, bids ready 2018-03-14

Indonesian coal giant Adaro Energy is a latecomer to the auction for Rio Tinto's $2.5 billion-plus Queensland coal portfolio. It is understood that Adaro will bid for the whole portfolio

9 Teck Resources cuts sales volume forecast for steelmaking coal 2018-03-12

Canadian miner Teck Resources Ltd on March 9 cut its current-quarter forecast for steelmaking coal sales volumes. Teck said it now expects sales volumes of steelmaking coal to be about 6

10 S.Korea fuel oil imports soar as coal, nuclear plants shut 2018-03-15

South Korea's move to shut coal-fired generators to control air pollution at the same time as nuclear reactors are going into scheduled maintenance is resulting in surging fuel oil imports, as utiliti

Most Read Analysis & Comments

1 China import thermal coal prices further dip on shrinking demand 2018-03-05

Offer prices for Indonesian and Australian coal for exports to China further weakened to track a fast downtrend in China, sources said. Panamax cargoes of Indonesian 3,800 Kcal/kg NAR wer

2 China's solar PV capacity is glutted or just "crying wolf"? 2018-03-07

China added 53 GW of solar PV capacity last year, hitting a new high of expansion in the sector. The expansion spree inevitably makes people wonder whether the country will be stuck in the overcapa

3 China says to build 200-mln-cu.m natural gas peak regulation mechanism 2018-03-08

China is set to build natural gas pipelines and storages with a total capacity 200 million cubic meters, in order to deal with emergency supply shortage like what happened in the past winter, said t

4 China coking coal market runs steadily; truck freight slumps 2018-03-05

China's coking coal market ran steadily after the Spring Festival holidays; most coke firms were not urgent to replenish stocks while just purchasing on demand, resulting in stocks pressure at some co

5 Production resumption leading to easy coking coal restocking for coke plants 2018-03-06

China's coking coal miners have been gradually getting back to normal production, making it easy for coke plants to replenish stocks. China's coking coal market, especially in Shanx

6 What does Trump's 25% tariff mean to China's steel exports? 2018-03-14

On March 24, the US will impose 25% tariff on steel imports and 10% on aluminum, following President Donald Trump singed the order on March 9 (GMT +8). The tariff policy has put the globa

7 China coal industry de-capacity: from surplus capacity to backward capacity 2018-03-13

China will further phase out 150 million tonnes of coal production capacity in 2018 through market-oriented and law-based means, said Premier Li Keqiang in a government report on March 5.

8 Gains galore for steel companies from B&R drive 2018-03-15

Chinese companies should play a bigger role in global steel production and trade, rather than just export basic products, and utilize the Belt and Road Initiative for expanding reach, a top industry

9 China's thermal coal market has limited downward space 2018-03-13

China's thermal coal market will have limited space to head down in the short run following long-running and sharp retreats, though the market may remain in supply glut temporarily. Looki

10 China's steel products prices unexpectedly go downward 2018-03-12

Prices for major steel products in China posted a sharp fall by over 100 yuan/t last week after experiencing a temporary pick-up from the Lunar New Year holiday, beating market expectation that the st