
Downturn in China’s Thermal Coal Market Pressures Global Prices
China’s thermal coal import market exhibited continued sluggishness this week, prompting traders to reduce bid prices in utility tenders amid heightened selling pressure…

China’s thermal coal import market exhibited continued sluggishness this week, prompting traders to reduce bid prices in utility tenders amid heightened selling pressure…

The Indonesian thermal coal market is currently experiencing subdued demand from its largest buyer, China, owing to an oversupply and significant price disparities that discourage transactions…

China’s steel exports experienced a significant increase in May, registering a 15% rise year-over-year to reach 9.63 million tonnes, despite a slight dip from April’s figures…

At the Kallanish Europe Steel Markets 2024 conference in Milan, GMK’s chief executive Stanislav Zinchenko highlighted the potential for sustained raw materials prices in the latter half of the year, driven by robust demand from China and India…

Cokal has announced a new partnership with Indonesian coal firm PT Petrindo Jaya Kreasi to jointly develop and enhance transport infrastructure for coal logistics…

The United States is poised to see a significant uptick in coal-fired power plant retirements in 2025, dramatically impacting coal demand after a quieter year in 2024.

China’s NDRC is launching a new plan which outlines specific goals to decrease energy consumption and enhance efficiency within major steel production processes.

Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023, global seaborne coal loadings escalated by 5.8% year-over-year, totaling 1,339.5 million tonnes…

China metallurgical coke producers are pushing back against price cuts of 50-55 yuan per ton suggested by major steel mills in Hebei province and Tianjin City.

European prices for hot-rolled coil (HRC) appear to be showing signs of stability, which is encouraging steel producers there to set the market higher.

Exports from key Queensland, Australia metallurgical coal ports —Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point, and Gladstone— rose by 8.5% in May.

Indian utility NTPC has announced plans to issue tenders for approximately 15GW of thermal power generation capacity by March 2027.