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Liaoning-based Angang Steel Co., Ltd (Ansteel) predicted a sharp year-on-year drop in its net profit by 74.88% to 1.72 billion yuan (...
Shaanxi Coal and Chemical Industry Group, an energy giant in northwestern China's Shaanxi province, reported total profit increase 12...
Liuzhou Iron and Steel Group Company Limited, a shanghai-listed subsidiary of Guangxi Liuzhou Iron & Steel Group, expected its ea...
China's steel industry is plagued with deteriorating losses currently due to multiple reasons including cost and supply issues. Thus,...
Hebei, the top steel-making province in China, made an upward revision for its 2019 coal de-capacity target on September 27, as par...
2019-09-26 11:28:11 Cost & Profit chinadaily.com.cn
Profits of Chinese State-owned enterprises (SOEs) grew steadily in the first eight months of 2019, official data showed on September ...
2019-09-24 17:33:18 Cost & Profit sxcoal.com
Profitability of Chinese coal mines continued tapering off from the preceding month in August, although the declining rate was genera...
China's coal-fired power industry has been experiencing a hard period as its market share shrinks amid pressure from clean energies a...
China saw a slower year-on-year coke production growth in August, according to the National Bureau of Statistics, impacted primarily ...
St. Louis-based coal giant Peabody Energy Corp. said on September 5 it expected third-quarter earnings to be lower than the second qu...
Tangshan Port Group Co., Ltd, a state-owned operator of Jingtang port in northern China, saw a strong rise of 12.67% year on year in ...
China's power producers gave shining earning results for the first half of 2019, mainly benefiting from low coal prices as domestic c...
Inner Mongolia Yitai Coal Co., Ltd., the largest coal producer in Inner Mongolia, witnessed a year-on-year drop of 16.86% in its net ...
China's 30 listed steel companies have all published their interim reports recently, with most of them reporting falls in net profits...
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Caofeidian, one leading port in northern China's Tangshan city, has been ramping up its coal throughput capacity, with latest progress embodied in the trial operation of Huadian coal terminal.
Traders engaged in spot thermal coal business at northern China transfer ports came under mounting inventory pressure, anxious about further price falls as market sources said port authorities may tak
Fears of China's possible coal import restrictions, which daunted the import market for months, did not grow further although September import figures remained strong. Data from Chinese c
There would be some 31 million tonnes of coal import quota left for Chinese buyers in the final three months of the year, based on freshly released September figure from Chinese customs, if the
Coking coal market further softened at main production regions in China during the past week. Coal miners slashed prices of low- and high-sulfur primary coking coals in face of rather sluggish demand
China's iron ore imports rose for a third straight month in September to a 20-month high, according to customs data released on October 14, fueled by firm demand at steel mills and stable shipments fr
China's met. coke market stayed largely unchanged last week, with no more progress being made after some producers proposed for price hikes. Since the National Day holidays, coke production has gra
China's thermal coal market showed signs of strain in the past week, as supply was recovering with output curbs eased at mines after the National Day holiday and demand remained at a low ebb.
Nippon Steel to shut typhoon-damaged Kimitsu plant until end-Dec Japan's biggest steelmaker, Nippon Steel Corp., said on October 3 one of the two steelmaking plants at its Kimitsu Steel Works wi
Chinese customs data showed a solid year-on-year growth of 7.8% in its natural gas imports in September, primarily spurred by China's continued efforts in coal-to-gas/electricity switch for heating sy
An exploration and production unit of China's state energy giant PetroChina has drilled into high flows of natural gas and condensate in an exploration well in northwestern region Xinjiang, in what co
Indonesia's Ministry of Energy and Mineral Resources has set its October thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $64.8/t, notching the lowest level since October 20
Chile is likely to resume imports of sub-bituminous coal from Indonesia, as its largest domestic coal mine is facing risk of closure in the near term, sources reported. Mina Inviern
Seven Indonesian coal mining companies are facing legal uncertainty as deliberations on the amendment of the 2009 Mining Law were postponed, deterring them from adding investment on their assets.
Global miner Glencore and Japan's Tohoku Electric Power are divided over price for their annual thermal coal supply contracts starting from October, sources said. Glencore intended to rea
Coal exports of Australia's Gladstone port to China plunged 80.12% from a year earlier to the lowest level since March 2016, amid ongoing uncertainty of Chinese import restriction on Australian coal.
China's coal imports registered a 20.49% year-on-year increase from the preceding year, which was 5.59 percentage points faster than the growth last month, official data showed. In
Bloomberg last week reported South Africa is pushing coal producers to cut prices to help save Eskom, the debt-ridden state-owned power utility that threatens to unravel the country's finances.
Flooding at one of Coal India's largest open-pit mines will halt operation there for at least a month, a senior company official said last week, which is likely to push domestic utilities to seek for
China's top coal producer China Energy Investment Corporation, or CHN Energy, slightly adjusted up its October term contract price for outsourced 5,500 Kcal/kg NAR thermal coal by 4 yuan/t from a mont
Indonesian thermal coal prices continued moving upward in China's seaborne import market, boosted by fuel hunger in another major destination India, where a large coal mine was flooded and expected to
Sentiment started to weaken in China's met coke market, along with a dismal steel outlook stemming from overloading ban in eastern China and lower-than-expected buying appetite from mills nationwide.
Thermal coal Production area Some miners in Ordos of Inner Mongolia lowered coal prices amid increasing supply and slack demand from portside traders, yet price cuts failed to improve sales. L
Resource-rich Mongolia is expected to surpass Australia to become the biggest coking coal supplier to China in the mid-to-long term, as price-competitive Mongolian coal keeps flowing into its close
China's coking coal price will probably edge lower next year on concerns of surplus supply and falling demand from steel and coke sectors, Chinese coal consultant Fenwei Energy Information Services
Trading activity lulled for seaborne thermal coal cargoes in Chinese import market ahead of the National Day holiday, given growing wait-and-see sentiment in anticipation of possible changes after the
Some traders have withdrawn from spot thermal coal market for the National Day holidays in advance. At Qinhuangdao port, there are fewer vessels and most of them are waiting for loading of long-term c
Thermal coal market continued to be steady at northern China ports last week, with traders' firm offers unaccepted by high-stocked utilities. Stronger market was seen in main production areas where co
The commercial operation of Haoji railway provides a channel for Mongolian coking coal to seize larger market share in China, as it will boost domestic demand for Mongolian coal, said Chang Yijun, pre
Thermal coal Production area Most coal mines in Shaanxi's Yulin kept normal operation ahead of the National Day holidays, while downstream purchases slowed down compared with early days thi