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China's portside thermal coal market closed this week with a typically thinly-traded session as demand was dampened by poor consumption during the seasonal lull period.
On March 24, offer
The top five Chinese provinces comprising Hebei, Jiangsu, Shandong, Liaoning and Shanxi all realized crude steel production higher than 10 million tonnes in January-February, 2023, according to the la
Steel products prices in China continued to move up in mid-March (March 11-20), according to the latest data from the National Bureau of Statistics (NBS).
The average price of constructio
Mongolian imported coking coal prices continued to sink at China's Ganqimaodu border crossing, led by the bearish sentiment spreaded from the stanaency in the domestic market.
The m
Global crude steel production fell 1% from a year ago to 142 million tonnes in February, showed data from the World Steel Association (WSA).
In February, the top ten crude steel producers
Daily crude steel output at key member firms of China Iron and Steel Association (CISA) stood at 2.25 million tonnes during March 11-20, rising 4.71% compared with the previous ten days, the CISA data
It has been more than seven months since the EU imposed a ban on Russian coal imports last August 11. In the meantime, European countries have been experiencing energy shortages, soaring prices and el
Higher
Australian intake likely to curb China's demand from Russia
China's growing imports of Australian
metallurgical coal are likely to dampan its demand for Russian shipments,
although it
What about
coal demand in non-power sectors?
China's non-power coal consumers like
cement and chemical plants may lend limited support to thermal coal market in
the near term, at...
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China imported only 207,000 tonnes of coal from Australia during the first two months of 2023, far lower than estimated 2.2 million tonnes from the relevant shipping statistics.
Thi
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Indonesia's Ministry of Energy and Mineral Resource (ESDM) has released its thermal coal reference price (HBA) for March, the first use since the formula for calculation was changed.
Acco
Coking coal prices showed signs of a downward spirl in major producing areas of China due to a lack of buying strength from coke firms, some miners informed.
On March 20, CCI Index
Russia plans to increase coal exports to Asia-Pacific countries in 2023, TASS quoted Russian Deputy Energy Minister Sergey Mochalnikov as saying.
Mochalnikov said Russia's coal exports sl
China's coal exports totaled 620,000 tonnes in the first two months of 2023, up 2.3% year on year, customs data showed.
The exports were worth $217.81 million, up 22.8% year on year, data
The U.K. National Grid has announced that the government is considering reserving some coal-fired power plants as backup power for next winter to ensure sufficient electricity supply.
How
China's portside thermal coal prices started the week lower as high stockpiles at all links and weakened coal consumption curtailed demand. Some utilities looked to scale up imports and canceled plans
Infographic | China coal imports in Feb 2023
China's portside thermal coal prices remained unchanged on March 22, as steady purchase price of the nation's top miner for third-party coal partly offset worries of further downside.
On
Coal inventories at China's major transshipment port of Qinhuangdao stayed generally flat on March 17 compared with a week ago along with growing but matched inflows and outflows.
Qinhuan
China's coking coal market came under pressure as more miners cut prices to spur sales after inventories accumulated.
Some 50-100 yuan/t price cuts were heard at mines in Shanxi, Sh
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