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Shanghai steel snaps 3-day fall on talk Tangshan eyeing more output curbs

2018-12-12 11:50:00 Price,  futures

Chinese steel prices climbed more than 2% on December 12, recovering from three days of losses, with top steelmaking city Tangshan pl...

China steel futures extend slide on worries over slower demand

2018-12-11 11:45:00 Price,  futures

Chinese steel futures fell for a third session in a row on December 11 on concerns that slower demand will persist next year, with pr...

Shanghai steel futures fall for 2nd session as China output seen at record high

2018-12-11 08:40:00 Price,  futures

Chinese steel futures dropped for a second straight session on December 10, pressured by high supply that has shrunk profit margins a...

Shanghai steel rebar futures set for best week in 5 mths on glut concerns

2018-12-07 17:16:00 Price,  futures

China's steel rebar dropped nearly 2% on December 7, but is poised for its best week in nearly five months, reflecting persistent con...

Shanghai steel dips as glut concerns return; raw materials follow

2018-12-07 08:39:00 Steel Products,  futures

China's steel prices eased on December 6 after surging nearly 2.5% in the previous session, as worries about oversupply and weak de...

310 Mt long-term coal contracts inked between Chinese producers and users

2018-12-06 08:47:00 Company,  futures

A total 11 large coal conglomerates signed mid- and long-term coal supply contracts of 310 million tonnes with 19 major users - rangi...

Shanghai rebar futures jump nearly 3 pct on hopes of rigid production cuts

2018-12-06 08:35:00 futures

China's construction steel rebar jumped nearly 3% on December 5, after hitting a seven-and-a-half-month low in the previous session, ...

Chinese steel, iron ore futures surge over 6% on US-China trade ceasefire

2018-12-03 13:57:00 Iron Ore,  futures

Prices of Chinese steel products and steelmaking ingredients soared more than 6% on December 3 as a trade ceasefire between Beijing a...

China steel futures struggle amid glut, iron ore off highs

2018-11-29 13:11:00 futures

Chinese steel futures slipped back on November 29 amid abundant supply and lean demand, cutting gains in raw material iron ore as tra...

China iron ore futures edge up after three-day slide amid firmer steel

2018-11-29 08:37:00 futures

Chinese iron ore futures ticked higher after a three-day decline on November 28, but the steelmaking raw material traded close to 4-1...

China iron ore futures hit 4-1/2 month low; steel market under pressure

2018-11-27 13:14:00 Iron Ore,  futures

Iron ore futures in China fell more than 4% on November 27 to their lowest in over four months, extending losses into a third session...

China's steel futures slide into bear market; iron ore, coal hit by selloff

2018-11-26 16:46:00 futures

China's steel prices tumbled more than 5% to a five-month low on November 26 as persistent worries over weaker demand pushed the sect...

China iron ore, steel futures slump to multi-month lows as selloff extends

2018-11-26 11:59:00 Price,  futures

Chinese iron ore futures tumbled nearly 6% and steel prices dropped to the lowest in almost five months on November 26 as worries ove...

High price bubble bursts—bleak trend for China's coke futures set off

2018-11-23 16:45:00 Viewpoint,  Price,  Steel Products,  futures

Prices of forward coke futures are estimated to keep sliding in China as previous bullishness alongside expectation of tighter produc...

Shanghai rebar falls on glut worries, set for worst week since March

2018-11-23 15:41:00 General,  Steel Products,  futures

Chinese steel prices edged lower on November 23, shrugging off a decline in inventories to be on track for their worst week since lat...

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Editors Recommendations

1 China coking coal market downside room limited, analysts 2018-12-12

China's coking coal market may see limited downside space approaching the year-end, given curbed output at mines and stabilizing coke price, analysts said. Impacted by previous sl

2 Bearish coal outlook puts coal-power long-term negotiation into seesaw battle 2018-12-12

In this winter, spot prices of thermal coal traded at northern Chinese ports have been hovering at unexpectedly low levels, clouding many participants' outlook on the short-term market. Coal-fired pow

3 China to survey coal mine equipment for better safety 2018-12-12

China will launch a survey on electromechanical transport equipment at coal mines, in an effort to improve safety and root out potential risks in production, said an official notice.

4 Shanghai steel snaps 3-day fall on talk Tangshan eyeing more output curbs 2018-12-12

Chinese steel prices climbed more than 2% on December 12, recovering from three days of losses, with top steelmaking city Tangshan planning further production cuts this month as it races to meet its a

5 China Coal Daily Track (Dec 12) 2018-12-12

Thermal coal Domestic market Production area Coal prices were still on the downward run. In Shaanxi, sales remained under pressure even after a round of price decreases. Coal stocks we

6 China Nov coal import from Australian's Gladstone port down 30% YoY 2018-12-12

China imported 681,000 tonnes of coal from Gladstone port in Australian's Queensland in November, falling 23.57% from a year earlier and 30% from a month ago, showed data from Gladstone Ports Corpo

7 Shanxi coal prices 10 yuan/t higher than other coal amid tight supply 2018-12-12

Offer prices of Shanxi 5,500 Kcal/kg NAR coal were about 10 yuan/t higher than the same-CV resources produced from Inner Mongolia and Shaanxi provinces, according to traders doing spot business at nor

8 Indonesian miners raise thermal coal offer prices as buying improves 2018-12-12

Some Indonesian miners raised their offer prices of thermal coal, as coal-fired power plants in China issued more tenders for the material amid expectations of relaxed import policy in January.

9 Shanxi Lu'an gains nod for 8 Mtpa coal mine to start trial run 2018-12-12

Gucheng Coal Mine, located in Changzhi city of coal-rich Shanxi province, acquired approval from the provincial energy administration recently to go into trial run, local media reported.

10 China adopts incentive measures to boost photovoltaic base construction 2018-12-11

China has adopted an array of incentive measures to boost construction and development of photovoltaic power bases, according to an official notice released by the National Energy Administration (NEA)

Most Read News Stories

1 China coking coal rallies to 15-month high amid tighter supply 2018-12-07

Chinese coking coal futures jumped to their highest in nearly 15 months on December 7, supported by tighter supply amid safety checks at coal mines, while coke surged nearly 6% to a five-week high.

2 Weekly global coal market news summary (Dec 3- Dec 7) 2018-12-07

Indonesia's Dec HBA thermal coal price dips for 4th mth to $92.51/t Indonesia's Ministry of Energy and Mineral Resources has set its December thermal coal reference price, also known as Harga

3 Tangshan grapples with emissions discharged by steel mills 2018-12-07

Sintering machines and pelletizing devices equipped in steel mills in Tangshan city in northern China's Hebei province will be asked to suspend production for rectification till December 31, if they f

4 Shanghai steel rebar futures set for best week in 5 mths on glut concerns 2018-12-07

China's steel rebar dropped nearly 2% on December 7, but is poised for its best week in nearly five months, reflecting persistent concerns over surplus supply amid high utilisation rates at steel mill

5 Shanxi approves trial run of 6 coal mines with 16.4 Mtpa capacity 2018-12-07

Shanxi Energy Administration has approved 2 mines' requests of expanding previous planed trail run period and 4's proposals of starting trail run since November. The 6 coal mines with combined designe

6 A review of 1st Coking Coal Market Analysis & Blending Technology Application Summit 2018-12-03

The 1st Coking Coal Market Analysis & Blending Technology Application Summit co-hosted by Shandong Coking Industry Association and Fenwei Energy Information Services Co., Ltd. wrapped up successfu

7 China Nov coal import extends decline for 4th mth; down 17% on mth 2018-12-08

China imported 19.15 million tonnes of coal in November this year, down 17% from the previous month, showed the latest data released by the General Administration of Customs on December 8.

8 Shanxi accelerates de-capacity in coking industry 2018-12-07

Northern China's Shanxi province, one of the main coke producing areas in the country, is planning to accelerate de-capacity in coking industry, to ensure that the yearly target would be beaten before

9 China almost achieves steel capacity cut target for 2016-2020 2018-12-07

China has almost finished the steel capacity cut goal of 150 million tonnes per annum as set in the country's 13th five-year plan for steel industry, said a government official on December 6.

10 U.S. Oct met. coal exports soar 25.2% YoY 2018-12-07

The U.S. exported 5.29 million tonnes of metallurgical coal in October, rising 25.2% from the preceding year and 42.8% from the previous month, showed data from The United States Census Bureau (USCB)

Most Read Analysis & Comments

1 Downside risks linger over China coking coal market 2018-11-27

Downside risks are looming over the coking coal market in China, as coking plants may request price cuts to offset decreased profit resulting from sliding coke prices. Most coke producers

2 China thermal coal prices up for 7 days, yet lacking solid upward momentum 2018-11-28

China's thermal coal prices have been on the rise for seven consecutive days after rebounding mid last week from a decline started early this month, yet further rapid increase seems less likely, exper

3 Cold front hitting China's south & east – but coal traders may love it 2018-12-07

A strong cold front not only brings the first snowfall of this year to some northern cities, it also causes sharp temperature drop in the south. The National Meteorological

4 China's import coal market gaining strength; sentiment picks up 2018-11-30

China's import thermal coal market seemed to start gaining strength on November 29, as inquiries for the overseas fuel increased rapidly and prices also firmed up. Many traders wanted to

5 China Coke Market Analysis and Forecast (Dec 2018) 2018-12-06

Despite strong support from coking coal prices, China's metallurgical coke market was badly hammered in November by steel price nosedive. In November, the market has experienced

6 Seaborne coal freight rate picks up; demand still lacks steam 2018-11-29

Seaborne freight rate for Capesize vessels rose firmly to $12/t for route from Australia to South China, according to sources engaged in international coal business. The pickup was mainly

7 China spot thermal coal market may trend down further 2018-12-04

China's spot thermal coal market is forecast to further trend down in the high demand winter season, but the downside space could be limited, as downstream utilities have low demand for spot coal afte

8 Chinese thermal coal coastal shipping rates show signs of recovery, traders 2018-11-29

Shipping rates of thermal coal from northern China ports to the south and east showed signs of recovery, traders said, with more inquires and offers of coal cargoes emerged in the market.

9 Chinese steelmakers further cut down coke purchase prices 2018-11-29

Steel makers in China's main consumption areas – Hebei and Shandong – asked for coke price cut for the fourth round this month, adding up to a total of 450 yuan/t by far, as they wanted to control cos

10 Chinese thermal coal prices lose ground after 8-day increase 2018-11-30

Spot thermal coal prices dropped on November 29 at northern China ports, following eight days of straight increase, traders said, indicating a lack of strength in the market. On November