China’s top coal-producing province of Shanxi plans to reduce output for the first time in seven years, a local government work plan shows
European coal prices edged higher on Monday amid signs of tightening seaborne supply as Asian buyers stepped up purchases
In a significant shift toward renewable energy and emissions reduction, Indonesia and Japan are advancing their biomass usage
Vietnam’s hot rolled coil import market stabilised and lifted last week after sinking to lows at end-March
Indonesian thermal coal prices dropped towards last week. Prices of low-CV (3400 GAR) coal decreased by $0.44/tonnes (t), reaching $34.87/t
South Africa’s thermal coal exports rose by 4% m-o-m to 5.36 million tonnes in March 2024 as against 5.16 mnt in February 2024.
Both JSW Steel Limited and Tata Steel had their highest-ever crude steel production.
Chinese steel traders saw their stocks of finished steel at hand decline further over March 29-April 4, thinning another 1.1 million tonnes
The plan is to carry 111 mln tons of coal products, which will account for over 60% of carried cargoes, in 2024.
Stanmore Coal will consolidate ownership of undeveloped Eagle Downs coking coal mine after striking a deal with steel maker Baowu.
The European hot-rolled coil market is currently experiencing significant bearish pressure due to a combination of weak demand and oversupply.
European coal prices gained ground in Friday trading, after relatively sharp losses in the previous two sessions