China’s Electricity Consumption in 2023 was up 6.7% YoY.
January 19, 2024
On January 18, the National Energy Administration released data on electricity consumption in the entire society in 2023.
Author: CoalNewswire
China import tariffs exacerbate Russian coal export woes
January 19, 2024
Russian coal exports have dropped to their lowest levels in nearly four years; introduction of a Chinese import tax will not help
Whitehaven soars on coking coal pivot
January 19, 2024
Whitehaven Coal’s shares rose to the highest level in a year after the miner said it had been oversubscribed by lenders and suitors
Drummond Colombia Coal Output Rose 7.1% in 2023
January 19, 2024
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6%
Mongolian coal stocks hovering high at China’s Ganqimaodu
January 19, 2024
Stockpiles of Mongolian coal at the Ganqimaodu land port in North China’s Inner Mongolia remain at high levels
China’s BF capacity use rises further to 82.98%
January 19, 2024
The blast furnace (BF) capacity utilization rate climbed for the second straight week to reach 82.98% over January 12-18
BHP’s Thermal Coal Production up 36% YoY
January 18, 2024
On January 18th, BHP Billiton (BHP) announced that in the first half of the 2023-24 fiscal year (July-December 2023)
Whitehaven considers sale of 20% of coal mine to steel producers
January 18, 2024
Whitehaven Coal Ltd. is studying options to sell a 20% stake in the Blackwater mine to global steelmakers
Peabody Announces New $320 Million Revolving Credit Facility
January 18, 2024
Peabody (NYSE: BTU) has announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028
BHP aims for top of Australian thermal coal guidance
January 18, 2024
Australian resource firm BHP expects to come in near the top of its 13mn-15mn t thermal coal production guidance
China’s 2023 pig iron output edged up 0.7% YoY
January 18, 2024
China’s pig iron production totalled 871 million tonnes during 2023, up by a slight 0.7% from the previous year
Chinese Steel Outlook for 2024
January 18, 2024
Tepid domestic demand, robust exports to tint China’s steel sector in 2024