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Australia's Whitehaven H1 profit jumps 19%, but costs rise

2019-02-15 08:23:45 Company,  Cost & Profit,  International reuters.com

Australia's Whitehaven Coal said on February 15 its first-half profit rose 19% helped by robust prices for its higher grade thermal c...

Zhejiang Jiuli Hi-Tech Metals 2018 net profit surges 2.28 times on yr

2019-02-14 09:26:53 Company,  Cost & Profit sxcoal.com

Zhejiang Jiuli Hi-Tech Metals Co., Ltd reaped a net profit of 305 million yuan ($45.14 million) in 2018, surging 2.28 times compared ...

Coal India Oct-Dec net profit jumps 50 pct on higher income

2019-02-13 16:06:12 Company,  Cost & Profit,  International sxcoal.com

State-owned Coal India said on February 12 its consolidated net profit rose 50% to 45.67 billion rupees ($646.9 million) during the ...

Shuozhou 2018 raw coal output up 2.6%, sales up 8.9%

2019-02-13 11:57:27 Cost & Profit sxcoal.com

Shuozhou, a prefecture-level city in coal-rich Shanxi province, produced 155.72 million tonnes and sold 67.63 million tonnes of raw c...

Taigang Stainless Steel 2018 net profit expected at 4.8-5.2 bln yuan

2019-02-02 16:28:48 Company,  Cost & Profit sxcoal.com

Shanxi Taigang Stainless Steel Co., Ltd. expected its net profit to rise by 3.85-12.51% year-on-year to 4.8-5.2 billion yuan ($712-77...

China 2018 steel industry profit up 39.3% on yr, NDRC

2019-02-02 14:10:05 Cost & Profit sxcoal.com

China's steel industry realized a total profit of 470.4 billion yuan ($69.8 billion) in 2018, increasing 39.3% from the preceding yea...

Jingyuan Coal & Electricity 2018 net profit up 3.26%

2019-02-02 11:01:51 Company,  Cost & Profit sxcoal.com

Gansu-based Jingyuan Coal Industry & Electricity Power Co., Ltd, one listed coal producer in northwestern China, expected its net...

Datong Coal Mine 2018 net profit up 15.69%

2019-02-01 16:14:59 Company,  Cost & Profit sxcoal.com

Datong Coal Mine Group Co., Ltd., a state-owned coal mining enterprise based in Datong, Shanxi province, expected its net profit attr...

POSCO Q4 profit grows 10%; sees strong demand from India, SE Asia in 2019

2019-01-31 17:05:10 Company,  Cost & Profit,  International reuters.com

South Korean steelmaker POSCO's core fourth-quarter profit rose 10% on higher sales and profit margins, meeting analysts' forecasts, ...

China Shenhua net profit to drop 2.3% in 2018

2019-01-31 16:32:18 Company,  Cost & Profit sxcoal.com

China Shenhua Energy Co., Ltd, a listed arm of China Energy Investment Corporation, forecast its net profit attributable to sharehold...

Shanxi 2018 coal mining and washing industry profit up 17.5%

2019-01-31 15:24:13 Cost & Profit sxcoal.com

Shanxi province reported its profit of coal mining and washing industry rose 17.5% year on year to 69.43 billion yuan ($10.36 billion...

China Coal expects 2018 earnings to jump 32.5-49.1% YoY

2019-01-31 15:22:09 Company,  Cost & Profit sxcoal.com

China Coal Energy Co., Ltd, a listed subsidiary of China National Coal Group, expected its net profit attributable to shareholders to...

Valin Steel 2018 net profit expected to surge to over 6.6 bln yuan

2019-01-31 15:10:15 Company,  Cost & Profit sxcoal.com

Hunan Valin Steel Co., Ltd. (SZSE: 000932), a Shenzhen-listed subsidiary of Valin Group in central China's Hunan province, expected i...

Chongqing Iron and Steel 2018 earnings may surge to 2 bln yuan

2019-01-29 15:47:33 Company,  Cost & Profit sxcoal.com

Chongqing Iron and Steel Co., Ltd expects its net profit to jump 5.25-6.1 times year on year to 1.68-1.95 billion yuan ($249.3-289.3 ...

China's industrial profits shrink again in Dec on weak prices, demand

2019-01-29 08:54:22 Cost & Profit reuters.com

Earnings at China's industrial firms shrank for a second straight month in December, putting pressure on policymakers to support indu...

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Editors Recommendations

1 Weekly global coal market news summary (Feb 11 – Feb 15) 2019-02-15

Indonesian thermal coal rebounds to 3-mth high in China import market Prices of Indonesian thermal coal have rebounded to a three-month high in China's seaborne import market, presenting a s

2 China's spot thermal coal prices rebound to 600 yuan/t; bullish sentiment grows 2019-02-15

China's spot thermal coal prices rebounded to 600 yuan/t ($88.6/t) at northern ports after holding flat for six days following five-day lose since late-January, fanning bullish sentiments among market

3 S. Korea Jan met. coal imports down 14% MoM 2019-02-15

South Korea imported 2.28 million tonnes of metallurgical coal (including coking coal and PCI coal) in January, decreasing 18.08% year on year and 14.33% month on month, according to the latest custom

4 China's Shanxi finds 2.44 bln T of coal reserves in 2018 2019-02-15

China's coal hub Shanxi province discovered new coal reserves totaling 2.44 billion tonnes in 2018, Xinhua News Agency reported on February 14, citing Shanxi Natural Resources Department.

5 Valin Steel Jan steel sales advance 10% on yr 2019-02-15

Hunan Valin Steel Co., Ltd. (SZSE: 000932), one state-owned company of China, sold 1.7 million tonnes of finished steel last month, up 10% from a year ago, the company said in an announcement on Febru

6 China Coal Daily Track (Feb 15) 2019-02-15

Thermal coal Domestic market Production area In Shaanxi, some small mines intended to lower their prices following several big ones' cuts a couple of days ago. Not many coal mines resume

7 Indonesian thermal coal rebounds to 3-mth high in China import market 2019-02-15

Prices of Indonesian thermal coal have rebounded to a three-month high in China's seaborne import market, presenting a sharper growth following small rises after Chinese Lunar New Year holidays.

8 Rising demand pushes up Chinese thermal coal prices further 2019-02-15

Chinese thermal coal market became more active with increased inquiries and trades at northern transfer ports, driving prices to move up further. On February 14, the Fenwei CCI index for

9 China's factory-gate prices slow for seventh month, raising deflation fears 2019-02-15

China's factory-gate inflation slowed for a seventh straight month in January to its weakest pace since September 2016, raising concerns the world's second-biggest economy may see the return of deflat

10 China Jan coke exports rise 4.4% to 0.7 Mt 2019-02-15

China's coke exports totaled 716,000 tonnes in January, rising 4.4% from a year yet falling 35.96% from a month ago, showed data from the General Administration of Customs on February 14.

Most Read News Stories

1 China's import coal ban may last for months; Australian miners suffer 2019-02-11

China is said to possibly maintain its tight controls on import coal for the coming months after February, an expectation among market players shortly after the nation strengthened coking coal import

2 China coal imports surge to new high in Jan amid delayed clearance 2019-02-14

China's coal imports surged to a new high in January since February 2014, Chinese customs data showed on February 14, more than triple of the size of December. January's coal imports tota

3 Registration kicks off for 9th (2019) Global Coking Coal Resource & Market Summit 2019-02-14

Hosted by China's coal industry portal sxcoal.com, the 9th (2019) Global Coking Coal Resource & Market Summit is set to convene in Beijing in April 10-11, 2019. China's cok

4 Australian thermal coal prices fall to lowest since Apr 2018 on weak China demand 2019-02-11

Australian thermal coal prices have fallen to their lowest since April 2018 as a slowdown in Chinese imports dents demand for the commodity. Spot cargo prices for Australian thermal coal

5 Indonesia Dec coal exports up 5.64% on yr 2019-02-11

Coal-rich Indonesia exported 36.66 million tonnes of coal in December, increasing 5.64% from the preceding year and up 2.76% from November, showed data from BPS-Statistics Indonesia. Valu

6 Roundup of Chinese thermal coal over Spring Festival 2019-02-11

The seven-day Chinese Lunar New Year holiday has ended. Let's take a peek at what was going on in the thermal coal market. Production bases In Yulin city of Shaanxi provi

7 China looks set to overtake Japan as the largest buyer of Australian LNG 2019-02-13

Australian LNG production — already at record highs — is set to grow even further over the next couple of years, helping to boost Australian export volumes. It's clear from the chart belo

8 China power consumption expected to rise 5.5% in 2019, CEC 2019-02-12

China's electricity consumption is expected to rise by 5.5% year on year in 2019, down from a six-year high of 8.5% last year, according to a report issued by China Electricity Council (CEC) on

9 China's steel hub drafts differential output curb plans for Apr-Sep 2019-02-11

Tangshan city, top steel hub in northern China's Hebei province, has drafted and released its differential schemes for industrial production curbs based on varied climate rhythms for the second and th

10 Weekly China coal market news summary (Feb 11 – Feb 15) 2019-02-15

China coal imports surge to new high in Jan amid delayed clearance China's coal imports surged to a new high in January since February 2014, Chinese customs data showed on February 14, more than

Most Read Analysis & Comments

1 Australia to invest more in coal projects in next few years 2019-02-12

Australia is expected to increase investment in coal projects significantly in the next few years, according to the latest "Resources and Energy Quarterly" report for December quarter published by the

2 Upbeat signs emerge in China thermal coal market 2019-02-13

China's coastal thermal coal market ran a bit stronger as participants gradually returned from the Spring Festival holiday, with offer prices inching higher two days after the weeklong break.

3 Chinese utilities' post-holiday coal buying slack; import policy in spotlight 2019-02-12

Most utilities in China were still staying on the sidelines after the weeklong Spring Festival break, with market sentiment shadowed by a lack of clarity on the government's import policy.

4 China import thermal coal trades remain light on lukewarm buying 2019-02-14

Trades of thermal coal remained light in Chinese seaborne import market so far this week, as domestic power plants were reluctant to restock given their high stockpiles and customs clearance issues im

5 Chinese thermal coal extends strength; demand for Shanxi coal up 2019-02-14

Chinese domestic thermal coal market kept gaining strength from growing demand for Shanxi premium cargoes, which also helped push up prices in other coals. On February 13, the Fenwei CCI

6 China Coal Daily Track (Feb 13) 2019-02-13

Thermal coal Domestic market Production area Affected by low work resumption of downstream enterprises, miners in Shaanxi's Yulin started lowering their prices, which was also partly ass

7 Chinese thermal coal market yet to fully revive after holiday 2019-02-12

China's domestic thermal coal market remained inactive on the first working day after the week-long Spring Festival holiday, with few trades heard concluded at northern ports and prices unchanged from

8 Sentiment to heat up in China's coke market amid favorable factors 2019-02-13

Sentiment is likely to heat up in China's coke market in the short run, as more producers may join the pioneers that proposed to raise coke prices by 100 yuan/t on February 11 after their profit becam

9 Indonesian thermal coal rebounds to 3-mth high in China import market 2019-02-15

Prices of Indonesian thermal coal have rebounded to a three-month high in China's seaborne import market, presenting a sharper growth following small rises after Chinese Lunar New Year holidays.

10 China's spot thermal coal prices rebound to 600 yuan/t; bullish sentiment grows 2019-02-15

China's spot thermal coal prices rebounded to 600 yuan/t ($88.6/t) at northern ports after holding flat for six days following five-day lose since late-January, fanning bullish sentiments among market

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