China’s Top Coking Coal Miner Calls on State to Control Supply
March 6, 2024
China’s coking coal industry needs more state protection, including restrictions on supply, according to the chairman of the biggest miner.
Tag: China
China’s 5% growth target for 2024 fails to satisfy ferrous market expectation
March 6, 2024
The Chinese government has set a 5% target for growth of the country’s GDP in 2024, compared with the increase of 5.2% in 2023
Met Market Update
March 5, 2024
Premium low vol hard coking coal prices have pulled back toward $300/mt, but they’re holding up fairly well compared to iron ore and HRC
China’s Two Sessions prioritizes industrial upgrades to sustain economic growth
March 5, 2024
China’s Premier Li Qiang placed development of a systematic shift to high-end, smart and clean manufacturing industries
China’s met coke prices may rebound in March
March 5, 2024
Chinese prices of metallurgical coke could end their fall and rebound this month, Mysteel observes in its latest monthly outlook
China’s thermal coal market hovers at lows
March 5, 2024
The Chinese market for thermal coal is seen hovering at a low ebb this month, as restocking demand may stay weak
Reflections on Chinese Coal Mine Accidents
March 4, 2024
In the past 2 years, there’s been a clear rebound in coal mine accidents across the country, which has become a consensus in the industry
China robust commodity imports confound weak economy narrative
March 4, 2024
In stark contrast to the ongoing weakness in China’s key manufacturing index, the imports of key commodities are roaring ahead.
China’s met coal prices to weaken before stabilizing in March
March 4, 2024
Chinese prices of metallurgical coal are likely to slide the first half of March due to sluggish demand from coke firms and steelmakers
China’s blast furnace capacity use dips further to 83.34%
March 4, 2024
The blast furnace (BF) capacity utilization rate slid for the second straight week during 23-29 February, losing 0.25 percentage points
China’s steel PMI stable at 46 in February
March 1, 2024
The Purchasing Managers’ Index (PMI) for China’s steel industry remained unchanged for the second month at 46 in February
China’s steel use in manufacturing sector to rise in March
March 1, 2024
China’s steel consumption in the manufacturing sector is likely to rise in March, mainly prompted by a resumption of operating activities…