
Steel Associations Across China Advocate Production Cuts to Stabilize Market Prices
Amid the recent downturn in steel prices and burgeoning inventories, steel associations across various Chinese are advocating for cuts

Amid the recent downturn in steel prices and burgeoning inventories, steel associations across various Chinese are advocating for cuts

China’s total crude steel output came in at 167.96 million tonnes over January-February, higher by 1.6% YoY

Over January-February this year, China’s total output for raw coal for all uses decreased by 4.2% on year to 705.27 million tonnes

Although industry has become India’s main coal-consuming industry with rapid economic growth

Europe’s benchmark carbon contract fell to a 10-day low on Thursday amid an overall bearish markey

“Including today’s auction, a total of 4 coking coal mines have been auctioned under the ongoing rounds of auction.

MC Mining achieves interim revenue growth despite challenging coal market, amid a second supplementary bidder’s statement from Goldway

Beijing’s rapid deployment of atomic power rivals its growth in solar and wind, and the round-the-clock electricity is beneficial for the grid.

The fourth quarter of 2023 brought a surge in U.S. coal exports and there are promising signs the robust market for U.S. coal will continue.

Alpha Metallurgical Resources Inc (AMR) leads the Coking Coal industry with an overall score of 57. AMR is up 96.74% so far this year

The continued weakness in China’s steel futures and spot markets is depressing sentiment for rebar in Singapore and Hong Kong.

Nippon Steel Corp. underscored its resolve Friday to complete its planned buyout of United States Steel Corp.