The Chinese government is expected to take a bunch of measures to guarantee coal supply to power plants and avoid drastic price increase in coming peak power demand during the hot summer.
Thermal coal prices continued to move up in Inner Mongolia, one leading coal production base in northern China, as the local government kept a tight rein in sales quotas for coal mines in the context
China's spot met. coke prices rebounded 30-80 yuan/t in major production bases last week. With abundant stocks and limited production, major steel mills in Shanxi, Hebei and Shandong responded mutedly
South Korea's thermal coal imports (including bituminous and sub-bituminous coals) reached 7.85 million tonnes in May, falling 8.34% from a month ago and the fifth consecutive month-on-month decline,
Market participants remained divided towards the future trend of thermal coal in China's domestic market with offer prices varying greatly from one another.
Some traders were optimistic,
China's government is looking to restructure its electric utilities. The plan calls for a merger of eight bodies ‒ five state-owned electric companies, two nuclear power operators and state-owned Chin
North China's Hebei province planned to phase out coal production capacity of 11.87 million tonnes per annum (Mtpa) this year, said the provincial government in a notice recently.
Daily crude steel output of China's 101 key steel mills increased 5.41% from ten days ago to 1.86 million tonnes over June 1-10, according to data released by the China Iron and Association (CISA).
China will resolutely curb too fast increase of coal prices, one official with China's state planner said at a meeting on June 25, regarding recent jump in prices of thermal coal used for power genera
China's top three coal production bases of Shanxi, Inner Mongolia and Shaanxi still face bottleneck in transporting coal through railways, unable to ship coal efficiently to energy-hungry southern and
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China will allow some coal mines to increase capacity, the National Development and Reform Commission (NDRC) said on June 16, as Beijing ramps up efforts to boost supply for summer.
India's Coal Ministry has offered assured domestic coal supplies to companies outside of their power generation industry as another step towards zero coal imports, Mining Weekly reported on June 17.
China's thermal coal futures rallied to a record high on June 16, lifting September futures to a premium over October, as a prolonged hot spell spurred power demand and low water levels dented hopes o
Nippon Steel & Sumitomo Metal, Japan's top steelmaker, has given up its decades-old role in setting global coking coal prices because the rise of Chinese and Indian rivals has weakened its influen
Russia exported 777,500 tonnes of coal to Ukraine from January to May 2017, Ukraine's energy and coal industry ministry said on June 16.
"996,800 tonnes of coal imported from different co
China's largest coal producer and the country's leading power generator are close to unveiling a merger plan, as listed units of the two announced suspension of trading for "unprecedented" asset trans
Coking coal prices are hovering around a year low, with the commodity erasing the gains that it experienced this year amid a major supply disruption, Economic Calendar reported on June 20.
Rio Tinto on June 20 recommended China-backed Yancoal Australia as the buyer of most of its Australian coal mines, rebuffing a surprise higher bid from commodities giant Glencore earlier this month.
Heilongjiang, a major industrial province in northeastern China, will actively promote the development of clean energy to replace coal-fired plants over the next four years, said the local branch of t
US electric power sector coal burn is expected to total 699 million short tons (640 million tonnes) in 2017, up 2.95% or 20 million short tons from 2016, assuming natural gas prices meet expectations,