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    Weekly steel news summary (Oct 8-Oct 12)

    2019-10-14 17:28:02 General sxcoal.com

    Nippon Steel to shut typhoon-damaged Kimitsu plant until end-Dec Japan's biggest steelmaker, Nippon Steel Corp., said on Octobe...

    Weekly new energy news summary (Oct 8-Oct 12)

    2019-10-14 09:38:25 General sxcoal.com

    China Qinghai transmits 5.09 TWh of new energy power in Jan-Jul Northwestern China's Qinghai province transmitted 5.09 TWh of ...

    Weekly China coal market news summary (Oct 8- Oct 12)

    2019-10-12 17:37:01 General sxcoal.com

    China's curbs on imported thermal coal largely unchanged China's curbs on thermal coal imports generally remained unchanged at ...

    Weekly global coal market news summary (Oct 8- Oct 12)

    2019-10-12 17:27:48 General sxcoal.com

    Newcastle Sep coal exports to China down 22.78% MoM Coal exports from Australian Newcastle terminals (Carrington and Kooragang)...

    Join 6th Int'l Mining and Resources Conference in Australia over Oct 28-31

    2019-10-12 16:37:58 General,  International sxcoal.com

    The 6th International Mining and Resources Conference – Australia's biggest mining event – will come on October 28-31, 2019 in Melbou...

    Mechel reports launch of new longwall at Southern Kuzbass

    2019-10-12 11:34:17 General,  International worldcoal.com

    Mechel PAO, a Russian mining and metals company, has reported the launching of a new longwall at Sibirginskaya Underground Mine, whic...

    India cancels auction for 21 coal mines due to lack of interest

    2019-10-12 09:10:12 General,  International ieefa.org

    The coal ministry has received valid interest for only six coal mines out of the 27 which were offered for the iron & steel, ceme...

    Bowen to sell a coking coal asset to Japanese

    2019-10-09 16:26:07 General,  International smallcaps.com.au

    Queensland-based explorer Bowen Coking Coal (BCB) has secured a farm-in agreement with Japanese conglomerate Sumitomo Corporation ove...

    China Coking Coal Market Analysis and Forecast (Oct 2019)

    2019-10-09 16:00:02 General,  Price,  Coking Coal sxcoal.com

    Chinese coking coal market extended weakness in September under great inventory pressure and sluggish buying demand from coke produce...

    Nippon Steel to shut typhoon-damaged Kimitsu plant until end-Dec

    2019-10-08 15:27:12 General,  Company,  International reuters.com

    Japan's biggest steelmaker, Nippon Steel Corp., said on October 3 one of the two steelmaking plants at its Kimitsu Steel Works will b...

    S Africa seeks coal price cuts to save Eskom

    2019-10-08 10:20:55 General,  International bloomberg.com

    Bloomberg last week reported South Africa is pushing coal producers to cut prices to help save Eskom, the debt-ridden state-owned pow...

    Weekly China coking coal market analysis and forecast

    2019-09-30 18:11:58 General,  Price,  Coking Coal sxcoal.com

    Coking coal market held roughly steady at main production regions in China during the past week. Although coke production curbs and d...

    China's manufacturing PMI edges up in Sep

    2019-09-30 15:49:16 General chinadaily.com.cn

    The purchasing managers' index (PMI) for China's manufacturing sector firmed up to 49.8 in September from 49.5 in August, the Nationa...

    China's manufacturing expands at fastest pace in 19 months, Caixin PMI

    2019-09-30 15:18:39 General caixinglobal.com

    China's manufacturing activity expanded at the fastest pace in 19 months in September driven by higher output and new orders, a Caixi...

    Weekly China PCI coal market analysis and forecast

    2019-09-29 16:21:56 General,  Viewpoint,  PCI sxcoal.com

    China's PCI coal market still lacked support throughout last week ending September 27, as both supply and demand shrank significantly...

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    Editors Recommendations

    1 Weekly steel news summary (Oct 8-Oct 12) 2019-10-14

    Nippon Steel to shut typhoon-damaged Kimitsu plant until end-Dec Japan's biggest steelmaker, Nippon Steel Corp., said on October 3 one of the two steelmaking plants at its Kimitsu Steel Works wi

    2 China's natural gas imports rise 7.8% YoY in Sep; zest to grow 2019-10-14

    Chinese customs data showed a solid year-on-year growth of 7.8% in its natural gas imports in September, primarily spurred by China's continued efforts in coal-to-gas/electricity switch for heating sy

    3 China Coal Daily Track (Oct 14) 2019-10-14

    Thermal coal Production area Coal prices kept largely stable late last week in Ordos, Inner Mongolia, with purchases not bad from surrounding power plants. With inventories slightly decreasing

    4 China Sep steel products exports rebound on price edge 2019-10-14

    China's steel products exports in September bounced back 6.5% from the previous month, reversing a 10.1% slip in August, according to customs data released on October 14, since cheaper prices kept att

    5 China Sep coal imports rise 20.49% YoY despite policy concerns 2019-10-14

    China's coal imports registered a 20.49% year-on-year increase from the preceding year, which was 5.59 percentage points faster than the growth last month, official data showed. In

    6 China Sep coal exports jump 34.5% YoY on relaxed output cuts 2019-10-14

    China's coal exports registered a year-on-year jump of 34.46% in September, showed latest customs data, primarily owing to more domestic supplies available amid loosened production curbs compared with

    7 Qinhuangdao spot thermal coal prices edge lower on poor demand 2019-10-14

    It was an inactive end to the last week that drove China's Bohai Rim spot thermal coal market lower, where offers and bids were in a significant spread. At Qinhuangdao as well as other no

    8 China's import thermal coal further gains strength despite policy risk 2019-10-14

    Chinese seaborne import thermal coal – mainly Indonesian and Australian material – further gained strength late last week following days of pickups, despite the fact that China's import policy risks r

    9 China's coal rail transport capacity improves after new train diagram in place 2019-10-14

    China updated its train diagram on October 11, said China State Railway Group late last week, injecting new momentum to its coal transport capacity. According to the new diagram, 160 pass

    10 Weak demand offsets fall in iron ore 2019-10-14

    Steelmakers' margins are due to deteriorate in coming quarters despite a fall in the price of raw material iron ore because steel prices have also slumped, pressured by weak demand.

    Most Read News Stories

    1 PetroChina unit strikes high oil, gas flows in deep Tarim well 2019-10-08

    An exploration and production unit of China's state energy giant PetroChina has drilled into high flows of natural gas and condensate in an exploration well in northwestern region Xinjiang, in what co

    2 Indonesia sets coal reference price at 3-yr low of $64.8/t in Oct 2019-10-08

    Indonesia's Ministry of Energy and Mineral Resources has set its October thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $64.8/t, notching the lowest level since October 20

    3 Chile largest coal mine closure may spur imports from Indonesia 2019-10-10

    Chile is likely to resume imports of sub-bituminous coal from Indonesia, as its largest domestic coal mine is facing risk of closure in the near term, sources reported. Mina Inviern

    4 Indonesian coal miners anxious about law enactment impasse 2019-10-10

    Seven Indonesian coal mining companies are facing legal uncertainty as deliberations on the amendment of the 2009 Mining Law were postponed, deterring them from adding investment on their assets.

    5 Glencore, Tohoku in deadlock over coal contract negotiation 2019-10-11

    Global miner Glencore and Japan's Tohoku Electric Power are divided over price for their annual thermal coal supply contracts starting from October, sources said. Glencore intended to rea

    6 Australia's Gladstone port Sep coal exports to China sink to 3-1/2-yr low 2019-10-09

    Coal exports of Australia's Gladstone port to China plunged 80.12% from a year earlier to the lowest level since March 2016, amid ongoing uncertainty of Chinese import restriction on Australian coal.

    7 S Africa seeks coal price cuts to save Eskom 2019-10-08

    Bloomberg last week reported South Africa is pushing coal producers to cut prices to help save Eskom, the debt-ridden state-owned power utility that threatens to unravel the country's finances.

    8 CHN Energy ups 5,500 Kcal coal Oct contract price by 4 yuan/t, sources 2019-10-08

    China's top coal producer China Energy Investment Corporation, or CHN Energy, slightly adjusted up its October term contract price for outsourced 5,500 Kcal/kg NAR thermal coal by 4 yuan/t from a mont

    9 Flood dampens India's thermal coal output, pushes up overseas demand 2019-10-09

    Flooding at one of Coal India's largest open-pit mines will halt operation there for at least a month, a senior company official said last week, which is likely to push domestic utilities to seek for

    10 NW China coal city still has multiple mines in suspension after holiday 2019-10-10

    Yulin city, a leading coal production hub in northwestern China's Shaanxi province, still has a large number of coal mines in suspension after the National Day holiday ended on October 7.

    Most Read Analysis & Comments

    1 Indonesian thermal coal prices gain strength from India's supply crunch 2019-10-11

    Indonesian thermal coal prices continued moving upward in China's seaborne import market, boosted by fuel hunger in another major destination India, where a large coal mine was flooded and expected to

    2 Mongolia to surpass Australia as China's top coking coal supplier 2019-09-30

    Resource-rich Mongolia is expected to surpass Australia to become the biggest coking coal supplier to China in the mid-to-long term, as price-competitive Mongolian coal keeps flowing into its close

    3 China met coke demand dented by weak steel outlook 2019-10-12

    Sentiment started to weaken in China's met coke market, along with a dismal steel outlook stemming from overloading ban in eastern China and lower-than-expected buying appetite from mills nationwide.

    4 Excess supply, waning demand to pressure coking coal prices in China 2019-09-30

    China's coking coal price will probably edge lower next year on concerns of surplus supply and falling demand from steel and coke sectors, Chinese coal consultant Fenwei Energy Information Services

    5 Pre-holiday transactions lull in China import thermal coal market 2019-09-30

    Trading activity lulled for seaborne thermal coal cargoes in Chinese import market ahead of the National Day holiday, given growing wait-and-see sentiment in anticipation of possible changes after the

    6 Will Chinese thermal coal market revive after holiday? 2019-09-30

    Some traders have withdrawn from spot thermal coal market for the National Day holidays in advance. At Qinhuangdao port, there are fewer vessels and most of them are waiting for loading of long-term c

    7 Weekly China thermal coal market analysis and forecast 2019-09-30

    Thermal coal market continued to be steady at northern China ports last week, with traders' firm offers unaccepted by high-stocked utilities. Stronger market was seen in main production areas where co

    8 China Coal Daily Track (Oct 12) 2019-10-12

    Thermal coal Production area Some miners in Ordos of Inner Mongolia lowered coal prices amid increasing supply and slack demand from portside traders, yet price cuts failed to improve sales. L

    9 China Coal Daily Track (Sep 30) 2019-09-30

    Thermal coal Production area Most coal mines in Shaanxi's Yulin kept normal operation ahead of the National Day holidays, while downstream purchases slowed down compared with early days thi

    10 Haoji railway will help boost China's demand for Mongolian coal 2019-09-30

    The commercial operation of Haoji railway provides a channel for Mongolian coking coal to seize larger market share in China, as it will boost domestic demand for Mongolian coal, said Chang Yijun, pre

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