
More wet weather hits Queensland
Severe thunderstorms have caused flash flooding south-west of Brisbane, with the Bureau of Meteorology issuing warnings

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

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

Chinese prices of coking coal are seen softening this month amid a mild glut, as expected declines in hot metal output weigh on demand

Australian coking coal exports dropped 4% y-o-y to 147.84 million tonnes (mnt) in CY’23 as against 153.48 mnt in CY’22

Teck Resources kissed coal goodbye after closing the sale of its minority stake in steelmaking coal operations to Nippon Steel and Posco

Australian prime hard metallurgical coal prices are showing signs of potential increase due to ongoing supply tightness

India plans to form a consortium of state-owned companies to facilitate coking coal imports to help with shortages

India’s consumption of metallurgical coal has increased by over 7% in 2023 to around 76 million tonnes (mmt)

Two new coke batteries open up in Indonesia as Chinese steelmakers continue their push to offshore productive capacity

China’s Customs Tariff Commission stated that starting from January 1, 2024, coal import tariffs are reinstated.

Stanmore Resources has acquired the remaining 50% interest in MetRes, gaining full ownership of the Millennium and Mavis Downs coal mines.

Chinese coke makers seeking chances to hoard cost-effective metallurgical coal cargoes ahead of the country’s Lunar New Year holiday