
Chinese Blast Furnaces Continue to Lose Money In November
High production costs caused Chinese blast-furnace steel mills to continue losing money on finished steel sales in November

High production costs caused Chinese blast-furnace steel mills to continue losing money on finished steel sales in November

Daily output of crude steel was 1.9316 million tons, a decrease of 4.19% MoM, and a decrease of 0.14% YoY.

Indonesia-focused Cokal has achieved first revenue from the sale of 23 000 t of metallurgical coal to International Commodity Trade (ICT)

Iron ore prices have defied investors’ expectations and climbed by almost two-fifths since May, driven by a surge in Chinese steel production

The march toward a low carbon steel production future is at the top of the political agenda for some general elections in Europe in 2024

CHINA’S steel output is expected to rise as a soft domestic property sector is compensated by strong vehicle manufacturing and rising exports

Thermal coal exporter Thungela Resources on Wednesday said it expects a 7.6% decline in production from its South African operations

Coal India capex rises 7.6% on year so far in the eight months of the ongoing financial year

European thermal coal imports looked set to reach an eight-month high in December as generators stock up in case of winter demand spikes

India is the second largest importer of coal during 2023 as global coal trade has really picked up pace in recent months

Queensland coal ship queues hit a YTD high despite higher November throughput, as Cyclone Jasper suspended operations up to four days.

Lacking seasonal support from the heating sector and ample availability of supply weighed on the global LNG market