Chinese buyers resistant to higher coking coal prices
April 25, 2024
Chinese participants may become more resistant to accepting high-priced coking coal
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Olive Downs Officially Opens
April 25, 2024
Pembroke Resources’ $1 billion Olive Downs steelmaking coal mine has officially opened in central Queensland
BHP after more than just copper in Anglo American takeover
April 25, 2024
BHP’s move on Anglo American is focused on long-term copper demand, but it would be a mistake to think there’s nothing else of value in Anglo’s portfolio.
Boost in Blast Furnace Operating Rates Elevates Pig Iron Production
April 25, 2024
The steel industry is witnessing a significant uptick in production as blast furnace operating rates
Teck Resources First Quarter 2024 Performance Focused on Steelmaking Coal and Copper Expansion
April 25, 2024
Teck reported its unaudited results for the first quarter of 2024, highlighting significant strides in copper production alongside a steady performance in its steelmaking coal segment
Arch Resources, Inc. First Quarter 2024 Earnings Release Summary
April 25, 2024
The company experienced a decrease in net income and adjusted EBITDA compared to the same period last year, with revenues also showing a decline.
Steel Dynamics Rises On Earnings After NUE, CLF Trip Sell Signals
April 24, 2024
Steel Dynamics (STLD) stock flipped the script late Tuesday with a solid earnings beat
Indian HRC export market quiet on lower allocations as mills prioritise domestic sales
April 24, 2024
Indian mills have continued to put hot rolled coil (HRC) export offers on hold for Southeast Asia and the Middle East
China’s automotive steel demand to rise by 2.5% in 2024
April 24, 2024
Demand for steel from China’s automobile manufacturing sector is expected to reach 48.4 mmt this year, rising by 2.5%
Kolmar halts coal washing plants due to excessive coal stockpiles
April 24, 2024
Kolmar, coking coal producer in Yakutia, has halted two washing plants and limited the load of the third plant by 50% since March 12
Europe’s coal imports to stay near multi-year lows in April
April 24, 2024
European thermal coal imports will only rise marginally this month from March’s multi-year low
China coal prices have bottomed
April 24, 2024
China’s domestic coal prices have bottomed out and will exceed 2023 highs this year