China’s Blast Furnace capacity use stable at 82.76%
March 30, 2024
The blast furnace (BF) capacity utilization rate stood largely stable on week at 82.76% during March 22-28
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CISA calls on steel mills to curb production for healthy development
March 30, 2024
The China Iron & Steel Association (CISA) has called on steelmakers across the country to take the initiative to reduce their production
RBCT and Optimum Coal Owner Ink Export Terms Deal
March 30, 2024
Richards Bay Coal Terminal, Liberty Coal and owners of the Optimum Coal Mine execute export transportation deal.
Strong Coal Stockpiles Could Pose Downside Risk to US Gas in Summer
March 30, 2024
With strong natural gas-fired power generation required this summer to trim the US market’s huge storage surplus
China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
March 30, 2024
China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel
Thermal Coal Prices rise to 3-week high
March 27, 2024
European coal prices rose to near three-week highs in Monday trading as a jittery gas market fed into bullish sentiment
Baltimore bridge collapse forces freight changes
March 26, 2024
Vessel traffic in an out of the Port of Baltimore, Maryland, has been suspended indefinitely in the wake of a container ship collision
Two coal terminals in the key Baltimore US coal export hub blocked following bridge collapse
March 26, 2024
Blocking of two coal terminals in the key Baltimore US coal export hub this morning following a bridge collapse will hinder NAPP coal exports
Pricing impacts uncertain for thermal coal, petcoke after Baltimore bridge collapse
March 26, 2024
Thermal coal market participants had mixed views on potential pricing impacts following a major bridge collapse in Baltimore
India’s metallurgical coal imports may rise 5% in FY’24 on higher crude steel output
March 26, 2024
Imports of metallurgical coal by India, the world’s second-largest steel producer, are expected to increase by around 5% YoY
Cleveland-Cliffs Secures Federal Support for Green Initiatives
March 26, 2024
In a bold move, Cleveland-Cliffs Inc. has secured a significant financial boost from the federal government for two decarbonization projects
China’s coking coal imports leap 37% YoY in Jan-Feb
March 26, 2024
China’s imports of coking coal from all origins during January-February 2024 totalled 17.89 million tonnes, logging a jump of 36.5% on year