China’s BF capacity use nears 10-mth low
December 8, 2023
The blast furnace (BF) capacity utilization rate among 247 Chinese steel producers over December 1-7 dropped for the sixth consecutive week
Tag: China
Coal News & Price Data – December 8, 2023 – Weekly Met Summary
December 8, 2023
Asian metallurgical coal market showed stability with limited trading activity.
Implications of China’s Coal Reserve System
December 7, 2023
China announced it will establish a backup coal production system by 2027 to stabilise prices and secure coal supply
China’s 2023 steel exports seen reaching 6-year high
December 7, 2023
China’s finished steel exports are likely to come close or even breach the 90 million mt mark in 2023, hitting a high not seen since 2016
Profits of Chinese steel mills will improve in 2024
December 6, 2023
A CITIC Construction Investment research report pointed out that in the future, China’s crude steel consumption is less likely to be robust
China to set up coal production reserve to stabilize prices
December 6, 2023
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday
Coal News & Price Data – December 6, 2023 – China Met Stocks Down in December
December 6, 2023
China’s metallurgical coal stocks decreased in early December, signaling increased demand from end-users restocking
Quick Market Thoughts
December 5, 2023
Cold weather finally hit Europe over the last couple of weeks. This is a decent start to winter, but thermal markets have a lot of work to do.
Construction of Shanxi-Shaanxi-Mongolia Coal Railway in full swing
December 5, 2023
Construction of the Xingbao Railway for coal exports double-tracking project is currently being stepped up.
Chinese met coke prices seen rising further in Dec
December 5, 2023
Chinese prices of metallurgical coke will strengthen further for the duration of this month, though some downside risks exist.
Coal News & Price Data – December 5, 2023 – Upgraded Cyclone Jasper threat to Queensland
December 5, 2023
The Bureau of Meteorology upgraded a low-pressure system off the Queensland coast to Tropical Cyclone Jasper, a category one system
China’s BF capacity use falls 5th week to 87.63%
December 4, 2023
The blast furnace capacity utilization rate slipped for the fifth straight week to reach 87.63% over November 24-30