
ArcelorMittal increases steel coil offers by €50/t
Europe’s largest steelmaker, ArcelorMittal, increased its headline offer for hot-rolled coil (HRC) by €50/t on limited import options

Europe’s largest steelmaker, ArcelorMittal, increased its headline offer for hot-rolled coil (HRC) by €50/t on limited import options

Chinese buyers’ interest in imported thermal coal cargoes is likely to ease from last year’s highs in 2024.

China’s metallurgical coke production reached an estimated 490 million mt in 2023, up 3.6% from 2022.

Indonesian thermal coal exports rose by 7% y-o-y to 360.58 million tonnes (mnt) in CY’23 as against 336.78 mnt in CY’22

Indonesia’s seaborne coal exports increased again from the previous month, an increase of more than 20% YoY.

Severe thunderstorms have caused flash flooding south-west of Brisbane, with the Bureau of Meteorology issuing warnings

China witnessed a continuous expansion of advanced coal production capacity from 2021 to 2023 from robust output and substantial coal imports

Driven by the stabilization of the domestic macro-economy and higher-than-expected increase in steel exports, demand for steel has rebounded

The coke market is operating weakly. The maintenance of blast furnaces in steel plants is just in need of suppression.

Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand

From the perspective of the European natural gas market, winter is over as the region’s mild weather has left supplies plentiful

Mainly driven by peak winter demand period from Chinese buyers, Asia’s seaborne thermal coal imports rose to a record high in December 2023