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State Grid Corp. of China said its profit totaled 77 billion yuan in 2019, down 1.26% from a year ago, hitting a new low since 2014, ...
2020-03-27 13:38:09 Cost & Profit sxcoal.com
China saw a sharp fall of profit in its mining and washing industry in the first two months this year, undermined by sweeping COVID-1...
China National Offshore Oil Corp said its gross revenue reached 750.9 billion yuan ($106.1 billion) last year, with total oil and gas...
Profitability of Chinese coal mines slightly improved in February compared with a month ago, Fenwei learned after conducting the mo...
Inner Mongolia Yitai Coal Co., Ltd., the largest coal producer in the region, posted a 4.63% year-on-year drop of net profit last yea...
Coal miner New Hope Corporation has reported a 41% fall in profits after tax for the half year ended January, driven by lower coal pr...
China Coal Energy Co., Ltd, a listed arm of China National Coal Group, reported a 67.7% year-on-year growth in earnings last year, th...
Coal India Limited on March 12 announced an interim dividend of Rs 12 per share making the government richer by a total Rs 7,172 cror...
Mining company Exxaro reported a 13% increase in headline earnings to R7.6 billion, mainly driven by its income from equity investmen...
JFE Holdings Inc., Japan's second-biggest steelmaker, is reassessing production at its aging facilities at home as domestic demand sh...
Prices of key steel product prices posted declines in late February, official data showed, weighed down by record high levels of prod...
Sangang Minguang Co., Ltd, a Shenzhen-listed subsidiary of China's state-owned Fujian Sangang Group, forecast a 43.51% year-on-year s...
Coal India share price rose in early trade on March 2 the firm said its total provisional coal production in February rose 14.2% in F...
Jiangsu Shagang Group, China's third biggest steelmaker, reaped a net profit of 528 million yuan ($75.7 million) in 2019, declining 5...
Nippon Steel, the world's No.3 steelmaker, is bracing for a downside risk as slower manufacturing activities in China in the wake of ...
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Thermal coal Production area Some mines in Yulin of Shaanxi saw slightly improves sales, helping relieving stock pressure; more small mines resume production in Shenmu and Fugu in the province,
Inner Mongolia, top coal production hub in China, logged a steep year-on-year decline of 14.1% in raw coal production in the first two months this year, according to official data, primarily affected
State Grid Corp. of China said its profit totaled 77 billion yuan in 2019, down 1.26% from a year ago, hitting a new low since 2014, the company said in a reported dated March 24. The cou
Spot Australian premium coking coal further softened in China, a response to coke producers' tepid restocking as their profit margins dived close to zero. Settlement prices of spot Austra
The gap was still large between offers and bids of Indonesian thermal coal in the Chinese seaborne import market, as participants were hard to capture the market direction under the Covid-19 pandemic,
A staggering 47.4 GW coal fired power projects at different stages were cancelled in India in 2019 reducing total under development coal capacity to 66 GW. The data was compiled in a repo
China's spot thermal coal market continued sapping near late this week, given battered market sentiment and tapered buying appetite from end users. Following 16 straight sessions of fallb
China's planned coal-fired power capacity last year increased for the first time since Beijing imposed restrictions on new coal plant proposals and permits in 2016, a joint study by four international
China's steel market is likely to continue dealing with supply glut in the short run, even if rebooted infrastructure and manufacturing activity could boost demand, said experts. In spite
Thermal coal Production area A few coal mines in Ordos of Inner Mongolia saw improved sales after previous price slumps, supporting prices to edge up 5 yuan/t, while most mines saw prices drop
China's coal production declined 6.3% year on year in the first two months this year, official data said, as many mines delayed resumption after the week-long Spring Festival break due to the Covid-19
China's crude steel output posted a 3.1% increase year on year in the first two months this year, official data showed, but the growth slowed down significantly compared with an 8.3% increase for the
The Covid-19 coronavirus was first identified in China's Hubei province in December 2019 and has since become a global health threat, impacting 140 countries and triggering the World Health Organisati
China's cement production logged a rare year-on-year slump of 29.5% in January-February, showed official data, as many infrastructure projects remained suspended due to Lunar New Year breaks and coron
China will increase export tax rebates on almost 1,500 products from March 20, the finance ministry said on March 17, as the government looks to ease the pressure on companies hit hard by the coronavi
China's top three coal production provinces churned out 68.96% of raw coal during the first two months, data from the National Bureau of Statistics (NBS) showed. Coal output of the three
China recorded a year-on-year decrease of 8.2% in its power generation in the first two months this year, which was mainly ascribed to the slowdown of industrial activities amid the spread of novel co
Steel product stockpiles at Chinese key steel makers were 21.41 million tonnes in early March (March 1-10), showed data from the China Iron and Steel Association (CISA), up by 4.51% from ten days earl
Inner Mongolia, top coal production base in China, plans to churn out a total 1 billion tonnes of raw coal in 2020, according to an energy work plan for the region released by local government lately.
China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp., posted a 1.2% year-on-year decrease in its commercial coal output in February, the company said in a statement on March 1
Spot thermal coal market further lost ground with prices coming under deeper declines at northern China transfer ports, given persistent demand shrink from coastal coal-fired power plants and reduced
Chinese seaborne thermal coal market has been heavily squeezed by massive long-term contract orders since March term prices turned out cheaper than expected from top miner CHN Energy last week.
China's spot thermal coal market is on track to stabilize late this week with signs of improvement shown in demand at northern transfer ports on the second trading day. Traders reported t
Market participants are expecting "new infrastructure" projects to better boost steel products demand in Chinese market after the Covid-19 fades, but will these emerging things be more effective stimu
Market talk that China has intensified restrictions on import coal has been spreading recently, but the effect has been seldom talked about. Based on relevent sources, sxcoal.com has summ
Traders dared not to buy overseas cargoes of thermal coal as their cargoes might be unable to pass through the customs if they don't gain contracts with utilities, traders said. Since Chi
Chinese seaborne import market of thermal coal saw an uneventful day in the midweek, but prices continue falling after Huaneng Group, one of largest power generators in China, published its tender res
Some Chinese customs tightened quarantine measures on all foreign vessels alongside spreading coronavirus across the world. This is expected to add additional blow to China's import thermal coal marke
China's metallurgical coke prices leveled off at production areas after 100-130 yuan/t reduction, yet further decline still looms amid mounting sales pressures. Steel mills cut down coke
Lack of import quotas will likely further dent Chinese seaborne import thermal coal market, as traders may be more wary of taking positions. Perhaps it's overstated, as the market has bee