European HRC prices continue to slide on lack of demand
April 10, 2024
Prices of steel hot-rolled coil in Europe continued to decrease on Monday April 8 amid persistently slow demand
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Global steel demand to rebound 1.7% in 2024
April 10, 2024
Global steel demand is expected to rise by 1.7% reach 1.79 billion tonnes this year
India coking coal imports increase 6% YoY in FY’24
April 9, 2024
India’s coking coal imports increased 6% in financial year 2023-24 (FY’24) to 57.89 million tonnes
Coal India reports growth in coal production for FY24
April 9, 2024
Coal India Limited (CIL) produced 773.6 million t of coal in FY24 registering 10% growth
Russian railway coal shipments to Taman down 80% in Q1 2024
April 9, 2024
Due to high transshipment rates at OTECO terminal in Taman, that make coal exports unprofitable, Russian mining companies suspended rail shipments to the port from the end of January 2024
China’s first quarter coal imports surge
April 9, 2024
China’s coal industry says it doesn’t expect imports to increase this year, but the evidence from the first quarter says otherwise
Bens Creek Shares Down 20%
April 9, 2024
Bens Creek shares sank nearly 20% on Monday morning, as the company announced another coal contract
India’s NTPC targets 40mn t coal output in FY2024-25
April 9, 2024
Indian state-controlled utility NTPC aims to raise coal production from its captive blocks by around 16pc during the April 2024-March 2025 financial year
LNG forward curve climbs to multimonth highs
April 9, 2024
The Northwest European LNG forward curve, which prices 11 months out
Indian steelmakers to be given incentives to use domestic coking coal
April 9, 2024
The Indian government plans to introduce a greenfield washery development policy to increase the use of domestic coking coal by private steelmakers.
Demand growth sluggish; costs, overcapacity hit industry
April 9, 2024
Global steel demand growth will continue to be very sluggish in 2024-25
Russia March seaborne coal exports down 8.1% MoM
April 9, 2024
Russia’s seaborne coal exports declined 8.11% month on month to 10.86 million tonnes in March 2024, according to Kpler’s cargo-tracking data.