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Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies...
Debt-to-equity swap deals worth 2.3 trillion yuan (333.8 billion U.S. dollars) were signed as of the end of April, official data show...
2019-05-30 15:26:54 Cost & Profit sxcoal.com
Southeastern China's Fujian province saw a further decline of profit in coal mining and washing industry with consistent efforts in c...
2019-05-29 14:53:57 Cost & Profit sxcoal.com
China registered a narrowed decline of 28.1% in profit of steel industry in the first four months, according to the Commission of Ind...
2019-05-28 16:40:13 Cost & Profit chinadaily.com.cn
Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first four months in 2019, official data showed on May 27. ...
2019-05-27 11:45:24 Cost & Profit sxcoal.com
China has seen a continuous fall of profit in its mining and washing industry in the first four months this year, although it logged ...
Russian metals and mining group Mechel reported its net profit for the first quarter 2019 of 11.3 billion rubles ($1.76 billion), sur...
French bank Societe Generale said it was further reducing its servicing the coal industry, as financial companies and banks around th...
2019-05-21 17:50:17 Cost & Profit sxcoal.com
Profitability of Chinese coal mines further improved in April, showed monitoring data from industry portal sxcoal.com on major therma...
2019-05-16 09:06:23 Cost & Profit sxcoal.com
A total 35 Chinese listed coal firms enjoyed strong earnings in the first quarter this year, benefiting from rising demand and prices...
Coal firms in eastern China's Anhui province planned to produce 114 million tonnes of raw coal in 2019, Anhui Daily reported. ...
China will step up effort to cut excess coal capacity in 2019 in a more scientific and effective way, central authorities said in an ...
SDIC Power Holdings Co., Ltd, a listed subsidiary of State Development & Investment Company (SDIC), reaped a net profit of 1.05 b...
Datang International Power Generation Co., Ltd, a listed arm of China Datang Group, reaped 430 million yuan of net profit attributabl...
The world's biggest steelmaker reported its smallest quarterly profit since 2016 and warned that global demand outside of China will ...
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Chinese import thermal coal market stabilizes after decline Chinese seaborne import thermal coal market stabilized this week following straight declines for more than a week before holidays f
Chinese thermal coal market hasn't heated up since early this summer. Now it has arrived the second half of June and approached the hottest days all over a year, but the market remains far away what
China's steel production set a new record high in May since at least January 2016, stoking concerns for oversupply, which will further weigh on prices. In May, the country's crud
China saw a year-on-year increase of 0.2% in its power generation in May, which wasmainly ascribed to increase of hydropower output, the state economic planner said. The count
China saw year-on-year growth of coke production gather pace in May, according to official data, encouraged mainly by less environmental pressure and jumped profit margins. Coke output ca
Raw coal output in China regained strength in May following a slight 1.36% month-on-month dip in April, showed official data, partly contributing to price falls in the month. China produc
Thermal coal Production area Most miners further lowered coal prices by 10-20 yuan/t in Shaanxi, given cement plants' softer demand amid off-peak production and downstream users' reluctance to
Thermal coal prices were further pummeled by mounting unfavorable factors at northern China ports, further narrowing down possibilities of a strong rebound in peak demand season. Prices h
Chinese seaborne import thermal coal market stabilized this week following straight declines for more than a week before holidays for the Dragon Boat festival. Ahead of the holiday, the s
China's import of Mongolian coking coal through Ganqimaodu border crossing in Inner Mongolia have been negatively affected since local authorities set quotas on arrivals in late April.
China's coal imports climbed to a four-month high in May, a solid 8.57% increase from a month earlier, showed data from the General Administration of Customs on June 10. In May
World coal production totaled 8.013 billion tonnes in 2018, a 4.0 increase from the previous year, breaking the 8-billion-tonne mark for the first time in the recent four years, according to the lates
China experienced a steep year-on-year drop of40.15% in coal exports in May, accelerating from a 1.57% decrease a month ago, showed customs data released on June 10. The country exp
Indonesia's Ministry of Energy and Mineral Resources has set its June thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $81.48/t, 0.46% lower than the reference in May and do
A fetal coal mine accident caused nine people dead and 10 injured in northeastern China's Jilin province. Now the rescue work has concluded. At 8 pm June 9 (GMT+8), the accident
State-owned Coal India will hire merchant bankers to carry out financial due diligence for acquiring equity stakes in identified mines and companies in Australia as part of its plan to meet the growin
Mongolia will use trucks with containers to ship coal to China instead of open-roof trucks, local media reported, in a move to control losses and curb air pollution. According to relevant
The world will be able to mount renewable energy projects for considerably less than existing fossil fuel installations by 2020, including those with sunk costs, International Renewable Energy Agency
China's coal imports from Gladstone port in Australian's Queensland nearly halved in May after a 10-month high notched a month earlier, showed data from Gladstone Ports Corporation (GPC).
Coal-rich Indonesia witnessed a decline in coal exports in April, pulling away from a multi-year high registered in the previous month, official data showed. Export volumes in April were
Thermal coal inventories surged at the six large power groups in southern China, possible linked to the sharp coal price decreases last week, insiders estimated. The six power groups saw
Indonesian and Australian thermal coal prices are still under downside pressure in China's seaborne import market after nearly one month of decline, given less-than-expected demand from utilities in t
Chinese spot thermal coal prices may soon hit the bottom after declining sharply for more than a week. Traders reported more inquiries at northern ports despite trading activity still in the doldrums.
Chinese seaborne import thermal coal market is still undermined by languishing demand from power plants that have high stockpiles to sustain nearly one month of operation. Cargoes from In
Primary coking coal market further strengthened in coal-rich Shanxi province amid shorter supply as local miners continued to curtail output in response to intensified environmental and safety checks
Chinese coking coal market remained resilient at major production hubs during the past week. Prices of some popular coal grades further moved up, buoyed by strong purchase from coke makers amid rising
Chinese thermal coal market is likely to remain range-bound in the coming days, many traders expected, after falling notably in the past ten days, as a lack of demand meets with price cut resistance f
Prices of cost-effective Chinese domestic 5,000 Kcal/kg NAR thermal coal picked up at northern China ports, while benchmark 5,500 Kcal/kg NAR coal prices continued to be steady so far this week.
Increasing met coke producers in main producing areas of China joined the fourth-round coke price hikes. Steel mills, however, held strong resistance in the price fray and announced to cut back.
Participants still lacked confidence in Chinese spot thermal coal market even though prices of 5,000 Kcal/kg NAR coal have rebounded in recent days amid slightly revived interest from buyers.