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Shaanxi Coal Industry H1 profit down 1.23%

2019-08-21 09:46:46 Company,  Production & Sales,  Cost & Profit

Shaanxi Coal Industry Co., Ltd, one leading coal firm in northwestern China, saw its net profit drop 1.23% from the preceding year to...

Shanxi Coking H1 earnings drop 6.8% YoY on high cost

2019-08-21 08:45:13 Company,  Cost & Profit

Shanxi Coking Group posted a year-on-year drop of 6.78% in its earnings in the first half of 2019, due mainly to rally of raw materia...

Xinyu Iron & Steel H1 net profit down 14.8% on yr

2019-08-20 17:34:14 Cost & Profit

Xinyu Iron and Steel Group Co., Ltd, located in eastern China's Jiangxi province, posted a 14.8% year-on-year drop in net profit over...

China's Daye Special Steel: perhaps the only steel co with earnings growth in H1

2019-08-20 15:52:18 Company,  Cost & Profit

Unlike most Chinese listed steel companies that reported sharp declines in their net profits in the first half of 2019, Daye Specia...

SGIS Songshan 2019 H1 net profit tumbles by 42.7% YoY

2019-08-20 11:16:31 Cost & Profit

SGIS Songshan Co., Ltd, a Shenzhen-listed steelmaker, witnessed its net profit plummet 42.67% year on year in the first half of the y...

BHP annual profit rises on robust iron ore prices, pays record dividend

2019-08-20 09:50:31 Company,  Cost & Profit,  International

BHP Group, the world's biggest miner, posted a 2% rise in full-year profit helped by a windfall from higher iron ore prices, and decl...

Anhui Hengyuan Coal-Electricity Group H1 net profit up 9.15% YoY

2019-08-19 16:56:18 Company,  Cost & Profit

Anhui Hengyuan Coal-Electricity Group Co., Ltd, a listed company specializing in coal mining, washing and selling in eastern China's ...

Russian steel group Mechel expects debt repayment deal soon

2019-08-16 10:09:38 Company,  Cost & Profit,  International

Russian coal and steel producer Mechel expects to reach an agreement with its main creditors in the near future about pushing back it...

Whitehaven Coal posts record profit, flags higher costs

2019-08-15 17:11:45 Company,  Cost & Profit,  International

Whitehaven Coal Ltd on August 15 reported a record full-year 2019 underlying profit and a bumper dividend that beat expectations, alt...

Huaibei Mining H1 net profit up 16.98% YoY

2019-08-15 14:25:47 Company,  Production & Sales,  Cost & Profit

Huaibei Mining (Group) Co., Ltd, a coal mining company based in central China's Anhui province, saw its net profit rise 16.98% year o...

Jizhong Energy H1 earnings fall 24% YoY

2019-08-15 14:05:29 Company,  Cost & Profit

Jizhong Energy Resources Co., Ltd, a listed arm of state-owned Jizhong Energy Group Co., Ltd in Hebei province, saw its earnings fall...

Liuzhou Iron and Steel H1 net profit slumps 38% on yr

2019-08-15 10:59:29 Company,  Cost & Profit

Liuzhou Iron and Steel Group Company Limited, a shanghai-listed subsidiary of Guangxi Liuzhou Iron & Steel Group, saw earnings pl...

Datong Coal Mine H1 net profit up 48.9% YoY

2019-08-14 16:25:19 Company,  Production & Sales,  Cost & Profit

Datong Coal Mine Group Co., Ltd., a state-owned coal mining enterprise based in Datong, Shanxi province, saw significant growths of...

Coal India Q1 profit rises 22% YoY to Rs 46.3 bln

2019-08-14 10:17:39 Cost & Profit,  International

State-owned CIL on August 13 reported a 22.2% increase in consolidated profit at Rs 46.3 billion ($648.4 million) for the quarter end...

Chongqing Iron & Steel H1 net profit down 19.19% on yr

2019-08-13 14:18:39 Company,  Cost & Profit

Chongqing Iron and Steel Co., Ltd reaped a net profit of 616 million yuan ($87.2 million) in the first half of this year, decreasing ...

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Editors Recommendations

1 China's coke market to see weak supply and demand in H2, analyst 2019-08-21

China's coke market is about to see weak supply and demand in the second half of this year for various reasons, an analyst pointed out in an industry meeting recently. In contrast t

2 Chinese utilities burn less coal despite hot weather; thermal coal to falter? 2019-08-21

China's coal-fired power plants are burning less coal lately despite scorching weather still lingers in most southern regions. Is this a prelude to further softening of the thermal coal market, which

3 Concerns over possible pullback growing in China spot thermal coal market 2019-08-21

Concerns were growing that a possible price pullback is looming in China's spot thermal coal market, as persistent lukewarm demand continued deterring trade settlements and dampening confidence.

4 Indonesian low-CV coal steadies; pressure remains 2019-08-21

Indonesian low-calorific value thermal coal steadied in China's seaborne import market this week, but still faced pressure amid flat buying demand, traders said. Indonesian miners turned

5 China steps up construction of garbage power plants, 60% in small cities 2019-08-20

With garage classification rolling out in China, waste-to-energy projects have entered a significant period in the country. The country's capacity of innocuous waste incineration has been

6 China's Daye Special Steel: perhaps the only steel co with earnings growth in H1 2019-08-20

Unlike most Chinese listed steel companies that reported sharp declines in their net profits in the first half of 2019, Daye Special Steel, which just became the largest listed special steelmaker in

7 China Coal Daily Track (Aug 20) 2019-08-20

Thermal coal Production area Some mines in Shaanxi and Inner Mongolia further lowered prices by 10-20 yuan/t, as inventory pressure were amounting due to slack demand from end users, while mo

8 Thermal coal spot buying gathers pace in China; traders doubt its continuity 2019-08-20

Buying activity of spot thermal coal gathered pace in northern Chinese ports, bolstering further price rebound of the fossil fuel following fortnight drops. Fenwei assessed 5,500 Kcal/kg

9 China Shenhua Jul commercial coal output down 1.6% on yr 2019-08-20

China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp., saw its commercial coal output decline by 1.6% year on year in July following two months of mild rises, the company said

10 China utility issues fresh tender for Indonesian low-CV thermal coal 2019-08-20

One major state-owned Chinese utility issued a fresh tender for Indonesian thermal coal with low calorific values at the first day of the week, according to traders familiar with the matter.

Most Read News Stories

1 Allegiance Coal to broaden coal business in Canada and US 2019-08-16

Australia's energy giant Allegiance Coal has been longing to broaden metallurgical coal business in Canada and the US. The company has been going on with a project in Telkwa, Brit

2 Russian Mechel signs annual coking coal supply contracts with Chinese steel majors 2019-08-12

Mechel, one of the leading Russian mining and metals companies, signed annual contracts for coking coal supplies with two Chinese steel giants, the company said on its website. The supply

3 China Jul raw coal output down 3.34% MoM, NBS 2019-08-14

China's raw coal production fell in July from an over 3-year high of 333.35 million tonnes a month earlier, data showed from the National Bureau of Statistics (NBS) on August 14. Even tho

4 CHN Energy ranks first among top 50 Chinese coal producers 2019-08-13

State-owned China Energy Investment Corporation (CHN Energy) ranked first among top 50 coal producers in China based on output in 2018, and the energy giant saw coal output reach 524.13 million tonnes

5 Ganqimaodou Jul coal imports up 4.62% MoM 2019-08-16

Ganqimaodou, an inland hub for China-Mongolia coal transportation, saw a month-on-month growth of 4.62% in coal imports in July, statistics data showed. It imported 1.73 million tonnes of

6 Shandong: Almost all coal mines halt operation for typhoon Lekima 2019-08-12

Most coal mines suspended mining operations on August 11 in eastern China's Shandong province to ensure safety during the transit of typhoon Lekima to the province, said the provincial coal mine safet

7 China to strengthen safety checks at coal mines 2019-08-13

China is about to launch a series of safety checks at coal mines over late-August to the end of September, in a bid to snuff out any production loopholes and prevent calamities, National Coal Mine Saf

8 Coal India's 54 mining projects facing delays 2019-08-16

State-owned Coal India's 54 coal mining projects are facing delay due to various reasons such as contractual issues and delay in green clearances among others, the world's largest coal miner said.

9 Australian Pacific Coal mulls options after regulator bars mine extension 2019-08-13

Australian Pacific Coal said on August 13 it was considering its options after a state regulator refused to extend the life of a mothballed coal mine, partly due to a lack of information around the pr

10 Shaanxi registers highest natural gas output among Chinese provinces 2019-08-15

Northwestern China's Shaanxi province churned out 24.8 billion cubic meters of natural gas in the first half of the year, ranking first among main production bases, showed official data.

Most Read Analysis & Comments

1 China Jul coal imports at 2nd highest this yr; tighter curbs expected 2019-08-09

China's coal imports reached a six-month peak of 32.89 million tonnes in July, only second to 33.5 million tonnes in January this year when large volumes of the fuel cleared customs following newly re

2 Indonesian thermal coal prices may hit bottom, traders 2019-08-07

Indonesian thermal coal prices may have already touched the lowest level following a spate of decreases since early July, traders suspected, as miners seemed to have no leeway to compromise.

3 Chinese ports tighten coal import control for non-local buyers, sources 2019-08-08

Some southern China ports have halt customs clearance for non-local coal importers, sources said, possibly as they don't have enough quotas for the rest months this year. Customs authorit

4 China spot thermal coal outlook dims on worries of waning buying 2019-08-05

The short-term outlook continued to deteriorate for China's spot thermal coal market, as participants generally worried the summer demand peak could come to an end alongside onset of autumn this week.

5 Typhoon and rainstorms affect thermal coal handling at N China ports 2019-08-13

Thermal coal loadings have been affected greatly at northern China ports since last weekend, disrupted by Typhoon Lekima and consequent torrential rains. Both inbound rail deliveries and

6 Indonesian thermal coal prices further soften amid waning demand 2019-08-09

Indonesian thermal coal prices further weakened in China's seaborne import market, where traders and utilities showed poor buying appetite due to volatile Chinese yuan and customs restrictions.

7 Indonesian low-CV coal falls below $40 CFR China 2019-08-12

CFR price of Indonesian 3,800 Kcal/kg NAR coal, the most favored grade for Chinese utilities, has dropped below the $40/t threshold late last week following seven sessions of declines. On

8 China's import thermal coal market set for a new week of downside 2019-08-13

China's seaborne import thermal coal market is set for a new week of declines, as power producers' buying appetite seemed to be subduing amid high inventory and low consumption, in addition to import

9 China spot thermal coal extends downside; negative factors to further bite 2019-08-06

Spot thermal coal market has been on a downward trajectory at northern China ports since late last week, with prices of most-active 5,500 Kcal/kg and 5,000 Kcal/kg NAR grades further diving down to er

10 Weekly China thermal coal market analysis and forecast 2019-08-06

Spot thermal coal prices were divided at northern China ports last week, with low- and mid-CV coals trending up further amid tight supply while high-CV grades heading lower because of poor demand. The

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