On March 29, an accident occurred at the Gequan Mine of Jizhong Energy Co. in Shahe City, Xingtai City, Hebei Province, killing two
China’s steel industry faced a setback in March, with its Purchasing Managers’ Index (PMI) dipping to 44.2.
The blast furnace (BF) capacity utilization rate stood largely stable on week at 82.76% during March 22-28
The China Iron & Steel Association (CISA) has called on steelmakers across the country to take the initiative to reduce their production
China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel
China’s imports of coking coal from all origins during January-February 2024 totalled 17.89 million tonnes, logging a jump of 36.5% on year
Russian thermal coal’s presence in China has been dwindling in recent months, with the country’s thermal coal shipments taking smaller shares
Chinese Thermal and Metallurgical Coal Imports – February 2024
The blast furnace (BF) capacity utilization rate ended a four-week drop and rebounded to 82.79% during March 15-21
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices. China’s declining coking coal and coke production adds to the oversupply. Indian steelmakers adopt a cautious approach ahead of elections.
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices.
Chinese purchases of Russian coal slumped after Beijing reimposed import taxes that make Russian supplies less competitive.