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  • Saturday September 18,2021
  • 16:49:23Coal  
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    Coal production capacity of Bojiang Haizi coal mine in Ordos of Inner Mongolia was lifted to 6 Mtpa from 3 Mtpa, which was invested and constructed by Huaihe Energy (Group) Co., Ltd. This added total production capacity of Anhui government-run coal producers in other provinces to 34 Mtpa, further strengthening its coal supply capacity.

  • 16:18:00Steel  
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    Japan's Tokyo Steel Manufacturing Co., Ltd said it will hold prices of steel products steady in October for better acceptance of prices rises in recent months. Price of H-shaped steel would stabilize 106,000 yen/t ($965/t) and price of hot-rolled steel would stay at 110,000 yen/t in October.

  • 15:39:32Coal  
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    India has to increase coal imports to cope with coal supply shortage at power plants in recent one month, and the reduction in coal-fired power output and increased renewable power output may help relieve the situation. India's coal-fired power output decreased 1.5% YoY in the first half of September while renewable power saw a yearly increase of 53.6%.

  • 15:38:30Coal  
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    Inner Mongolia Yitai Coal Co., Ltd said its Talahao coal mine had been included into the national key mines for ensuring coal supply. It is able to produce 10 Mt of coal annually, and its production capacity can be approved to be lifted to 10 Mtpa for recent production from current 6 Mtpa.

  • 15:03:00Coal  
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    Thermal coal traders become active in selling goods to cash in on profit and reduce risks under high prices. Price growth has narrowed and transactions concluded have slowed down slightly in portside market. The focus lies in the implementation strength of energy control policies.    

  • 14:40:58Steel  
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    Tokyo Steel Manufacturing Co., Ltd., Japan's largest EAF steel producer, announced its steel prices will keep unchanged at 106,000 yen/t (6,233 yuan/t) for H-shaped steel and at 110,000 yen/t for hot-rolled coils in October to ensure that price growths in recent months can be digested by the market.

  • 14:29:19Coal  
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    Vietnam's coal imports fell 18% YoY to 3.8 Mt but the import cost surged 62.8% YoY to $495 million in Aug, according to Vietnam customs data.

  • 14:17:06Coal  
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    Inner Mongolia Yitai Group Co., Ltd signed additional 1.32 Mt of coal supply term contracts for the fourth quarter with several power plants. Huineng Group signed additional 1.85 Mt of coal contracts with 7 power plants. Huaihe Energy West Sales Company and Datong Coal Ordos Mining Company signed 1.06 Mt of coal contracts with China Huaneng North Company. These term contracts will set Ordos coal index on July 12 as the upper price limit, according to Inner Mongolian Energy Bureau.

  • 14:16:15Coal  
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    Huaihe Energy Group's Bojianghaizi coal mine constructed in Ordos, Inner Mongolia was approved to expand its capacity from 3 Mtpa to 6 Mtpa. In June, Madiliang coal mine built in Jungar banner, Inner Mongolia by Wanbei Coal Electricity Group was put into production. Both of the two groups came from Anhui province. So far, Anhui provincial coal enterprises have owned 34 Mtpa of coal capacity located in other provinces, according to Anhui energy bureau.

  • 14:02:52Coal  
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    In the first half of Sep, India's coal-fired power production fell 1.5% YoY due to coal shortage, while power generation from renewable energy jumped 53.6% YoY, data showed.

  • 14:00:00Steel  
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    China's crude steel output stood at 83.24 Mt in Aug, falling 13.2% YoY and 4.1% MoM; pig iron output declined 11.1% YoY and fell 1.8% MoM to 71.53 Mt, NBS data showed.

  • 13:57:32Power  
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    Poland's power demand grew 3.1% YoY to 13.84 TWh and its net power generation surged 16% YoY to 14.05 TWh in Aug, showed data from the country's National Grid Operator (PSE).

  • 13:49:44Steel  
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    Liuzhou Steel Group achieved 8.253 billion yuan ($1.27 billion) of profits and 88.07 billion yuan of operating income in January-August this year.

  • 10:52:18Steel  
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    U.S. Steel Corporation said on September 16 that it will spend about $3 billion to build a new steel plant.

  • Friday September 17,2021
  • 17:11:58Coal  
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    Some downstream users with rigid demand had to place order despite high prices. Prices were rising at a faster pace at portside market, promoting some trades to speed up sales or encouraging others to keep buying in goods with the expectation for higher prices. Attentions should be given to the situation of controls on power consumption and declining of daily coal consumption.

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