Where will the Chinese domestic coking coal market go in 2024?
January 8, 2024
Driven by the stabilization of the domestic macro-economy and higher-than-expected increase in steel exports, demand for steel has rebounded
Author: CoalNewswire
Met Coke Prices Expected to Drop
January 8, 2024
The coke market is operating weakly. The maintenance of blast furnaces in steel plants is just in need of suppression.
Asia thermal coal imports hit record but supply keeps prices muted
January 8, 2024
Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand
For European Gas Traders Winter Is Already Over
January 8, 2024
From the perspective of the European natural gas market, winter is over as the region’s mild weather has left supplies plentiful
Asia’s seaborne thermal coal imports hit record high in December
January 8, 2024
Mainly driven by peak winter demand period from Chinese buyers, Asia’s seaborne thermal coal imports rose to a record high in December 2023
Nippon Steel confident of completing acquisition of U.S. Steel
January 8, 2024
Nippon Steel President Eiji Hashimoto said that despite opposition the company is still confident of completing the acquisition of U.S. Steel.
Australian Thermal Coal Exports Rise 13% YoY in 2023
January 8, 2024
Australian thermal coal exports rose by 13% y-o-y to 199.48 mnt in CY’23 as against 176.89 mnt in the same period last year
Higher Domestic consumption to limit Indonesian coal exports
January 8, 2024
Indonesia raised its coal output target for 2024, although projections of a steep increase in domestic consumption could curb exports
China’s coking coal prices to retreat in Jan
January 6, 2024
Chinese prices of coking coal are seen softening this month amid a mild glut, as expected declines in hot metal output weigh on demand
China’s steel sector awaits demand rebound
January 6, 2024
China’s crude steel output may stay at its current high levels or even rise marginally in 2024 thanks to stimulus-fuelled demand growth
Chinese Coal Overview
January 5, 2024
From 2021 to 2023, China’s production of high-quality coal has been consistently increasing, resulting in a high level of domestic supply
Australian coking coal exports fall 4% YoY in 2023
January 5, 2024
Australian coking coal exports dropped 4% y-o-y to 147.84 million tonnes (mnt) in CY’23 as against 153.48 mnt in CY’22