Weekly steel news summary (Oct 8-Oct 12)

sxcoal.com General 2019-10-14 17:28:02

Nippon Steel to shut typhoon-damaged Kimitsu plant until end-Dec Japan's biggest steelmaker, Nippon Steel Corp., s......


For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 Gansu H1 electricity consumption up 5.52% YoY 2020-07-10

Gansu in northwestern China consumed 11.3 TWh of electricity in June, rising by 9.34% year on year and 3.15% from May. Its electricity consumption from January to June totaled 65.31 TWh, up 5.52% on t

2 Sichuan has closed 50 coal mines with 5.1 Mtpa capacity this year 2020-07-10

Sichuan has withdrawn a total of 50 coal mines with production capacity of 5.1 million tonnes per annum (Mtpa) this year, official data showed. Among 50 coal mines that have been closed,

3 Hubei H1 newly-commissioned and constructing power projects exceed plans by 150% 2020-07-10

Central China Hubei's cumulative newly-commissioned and constructing power transmission and transformation projects have both exceeded 150% of the plans in the first half of 2020, disclosed by the Sta

4 Guizhou has 137.72 Mtpa legal coal capacity in operation by Jun 30 2020-07-10

Guizhou province in southwestern China had 258 legally operating coal mines with total approved capacity of 137.72 million tonnes per annum (Mtpa) as of June 30, according to an announcement from Guiz

5 Chinese thermal coal moves sideways with downward bias 2020-07-09

Chinese domestic thermal coal prices stayed flat at northern ports on July 9, following a fast pickup for almost a week, affected by Huaneng's announcement on tightening purchase for spot cargoes. &nb

6 China's state planner summons meeting, fanning speculations on coal import policy 2020-07-09

Chinese state economic planner was reportedly to summon a meeting on July 9 to stabilize domestic thermal coal prices that have spiked too quickly, according to one source with acknowledge of the matt

7 Border closure to tighten Mongolian coking coal supply, fanning bullishness 2020-07-09

Mongolian coking coal prices in China may find support from looming supply reduction, as the country will close border crossings with China for auto vehicles during national Naadam Festival holiday (J

8 China Coal Daily Track (Jul 9) 2020-07-09

Thermal coal Production area Coal prices continued growing in Shaanxi's Yulin. A few coal mines said their latest auction prices increased 30 yuan/t. In Shanxi and Inn

9 Yangquan Coal Group H1 coal sales and railway shipments hit record highs 2020-07-09

Coal giant Yangquan Coal Industry Group Co., Ltd. created all-time highs in its coal sales and railway transport in the first half of 2020, the group said. The Shanxi-headquartered

10 Mingyang Smart Energy's H1 net profit expected to grow by 34.8-67.7% YoY 2020-07-09

The net profit of Mingyang Smart Energy Group Co., Ltd. is expected to rise by 34.80%-67.75% year on year, reaching 450 million-560 million yuan ($64.09-79.75 million) in the first half of 2020, accor

Most Read Articles

1 Coal stocks update suspended for China's six coastal power groups 2020-07-06

Updates on coal stocks and consumption of China's six major coastal power groups are temporarily suspended, after China Huaneng Group, China Huadian Group and China Datang Corporation were said not to

2 Indonesian thermal coal demand weakens in SE Asia markets after China, India 2020-07-07

Thermal coal of Indonesia, a major global supplier, seems to be losing its emerging Southeast Asia markets after top buyers China and India shifted to domestic supply amid Covid-19 pandemic woes.

3 Chinese thermal coal market climb fast on robust demand 2020-07-07

Chinese thermal coal prices continued growing at a fast pace at northern transfer ports, as utilities are frequently issuing tenders for the summer peak demand period. On July 7, offer pr

4 State planner urges long-term coal contract fulfillment to stabilize spot price 2020-07-06

China's state economic planning body recently required relevant parties of long-term coal supply contracts to ensure no less than 80% of fulfillments, according to a document issued recently.

5 Huaneng says to strictly control spot purchases of domestic thermal coal 2020-07-08

China's state-owned power giant Huaneng Group said in a notice issued on July 7 that it will tighten the screw on spot purchases of domestic thermal coal, given the benchmark price has been rising rap

6 China on track to build 6-8 nuclear power units annually in 2021-25 2020-07-09

China is on track to launch six to eight nuclear power generation units each year between 2021 and 2025, according to a report recently issued by China Nuclear Energy Association on nuclear developmen

7 Indonesian thermal coal keeps losing steam, triggering output cuts 2020-07-06

Indonesian thermal coal prices kept losing steam in major export markets of China and India, forcing producers to slash production in order to help prices find a floor. Coal miners in Ind

8 China's 2020 power demand to gain over 1.5%: analysis report 2020-07-07

China's power consumption is expected to reach 7.33-7.48 trillion kilowatt hour (KWh) in 2020, an increase of 1.5% to 3.5% from 2019's consumption, factoring in coronavirus, financial policies, the sw

9 China coking coal buying interest tapers after coke prices fall 2020-07-07

Chinese coke producers started to diminish coking coal procurement after several leading steelmakers lowered purchasing prices of coke, signaling an end of consecutive rises in the coke sector since e

10 Traffic at India's major ports falls 20% in June qtr due to lockdowns 2020-07-06

Major ports in India, which handle more than half of the country's seaborne trade, had a nearly 20% fall in traffic during the quarter ended June, the Indian Ports Association (IPA) said, as coronavir

Scan to download sxcoal.com mobile APP

X