Weak fundamentals to drag on China HRC prices in 2024
January 10, 2024
A limited rise in consumption of HRC against increasing supplies of the flat product could see Chinese hot coil prices weaken
Author: CoalNewswire
China’s coke prices to stay rangebound in 2024
January 10, 2024
China’s metallurgical coke market is expected to see slight increases in both supply and demand this year.
China’s coking coal supply restrained by safety checks in 2023
January 10, 2024
China faced difficulties to increase its coking coal supply notably in 2023, as frequent safety inspections soared
India’s steel ministry not seeking higher import taxes
January 10, 2024
India’s federal Ministry of Steel has no immediate plans to seek higher taxes on imported steel despite becoming a net importer
Richards Bay Bulk Terminal conveyor repairs to remove 400 coal trucks from roads
January 10, 2024
One of three conveyor belts damaged in the October 2021 fires has returned to full operation at the Richards Bay Bulk Terminal
India’s pet coke imports drop by 5% in December
January 10, 2024
India’s pet coke imports dropped by 5% m-o-m to 0.88 million tonnes (mnt) in December 2023 as against 0.92 mnt in November
US EIA Forecasts 9% Decline in 2024 Coal Exports
January 10, 2024
The US EIA revised its 2024 coal export projection down to 91 million short tons, a 9% decrease from the 2023 exports of 100 million st
Russia lifts tariffs to support coal exporters
January 10, 2024
Russia has officially eliminated most coal export tariffs linked to the ruble against the dollar, according to a Russian government website
Russian seaborne coal exports fall in December
January 10, 2024
Kpler ship tracking data shows that in December 2023, Russia’s seaborne coal export volume was 10.8213 million tons
How the EU’s carbon border tax will affect the global metals trade
January 9, 2024
The EU’s implementation of a CBAM to reduce the risk of carbon leakage as it strengthens its Emission Trading System…
Mongolia’s Coal Exports Surge in 2023
January 9, 2024
In 2023, Mongolia experienced a substantial increase in its coal exports, reaching 66.70 million tonnes (mt), a notable rise of 110.5% YoY
2023 Newcastle coal exports ahead of 2022
January 9, 2024
The two Port Waratah Coal Services terminals at the coal port of Newcastle shipped more in 2023 than 2022 with a firmer end to the year.