Physical prices of low-calorific value (CV) Indonesian held relatively steady today, as details of a cargo awarded in a Chinese utility tender started to filter through to the market at a lower price compared with recent comparable spot trades.
News ID: 5801 Publish Date : 2019/08/06
Seaborne metallurgical coal prices continue plunging due to persistent weakness in the FOB market, as producers keep reducing offers in a desperate attempt to attract buying interest.
News ID: 5728 Publish Date : 2019/08/05
Indian steel market remained bearish in the week-30 (20-27th Jul'19) owing to lessened trade activities in domestic market.
News ID: 5646 Publish Date : 2019/08/01
A total of 10,000t of ICI 4 coal derivatives was cleared on the CME today at lower prices compared with the last Argus settlement.
News ID: 5610 Publish Date : 2019/07/30
Indian steel market remained bearish in the week-30 (20-27th Jul'19) owing to lessened trade activities in domestic market.
News ID: 5558 Publish Date : 2019/07/29
Dubai’s DSA Investments is considering forming a venture with a South African labor union to bid for coal assets that Glencore Plc was pressured into selling to a company controlled by the politically-connected Gupta family in 2015.
News ID: 5518 Publish Date : 2019/07/28
UK-South African mining firm Anglo American has approved the $266mn Aquila project that will extend the life of its Grasstree underground coking coal mine in Queensland, Australia by six years to 2028.
News ID: 5492 Publish Date : 2019/07/25
South Korea’s steel major - POSCO announced its Q2CY19 results today. The major findings from the quarterly report are as follows:
News ID: 5479 Publish Date : 2019/07/25
A total of 65,000t of ICI 4 derivatives contracts cleared on the CME today, amid signs that the market is firming despite weakness in the Indonesian physical market.
News ID: 5436 Publish Date : 2019/07/23
Indian private-sector firm Tata Steel is aiming to expand its crude steel capacity to 30mn t/yr by 2025, from around 20mn t/yr currently.
News ID: 5380 Publish Date : 2019/07/22
Geoscience BC has set up to start a project aimed at analyzing the possibility of extracting rare earth elements from British Columbia’s coal deposits and coal tailings facilities.
News ID: 5373 Publish Date : 2019/07/22
Global miner Anglo American (LON:AAL) posted Thursday a 2% increase in overall production during the three months leading to June 30, helped mainly by its giant Minas-Rio iron ore mine in Brazil, but cut diamond guidance for the year as sales remain weak.
News ID: 5311 Publish Date : 2019/07/19
The world’s biggest miner, BHP Group , on Wednesday said it planned to produce less thermal coal in the coming financial year and that it would wash it instead as part of a drive to raise the quality of the commodity.
News ID: 5290 Publish Date : 2019/07/18
This week Chinese steel prices witnessed downside over volatile futures.Meanwhile this in turn resulted to marginal decline in export offers from China.
News ID: 5238 Publish Date : 2019/07/17
This week (6th-13th Jul'19) Indian steel market observed limited demand in finished products, hence there is fall in price range by INR 200-1,000/MT (USD 3-15).
News ID: 5237 Publish Date : 2019/07/17
China's Caofeidian port in Tangshan, Hebei province, has put a freeze on customs declarations for all imported coal with effect from 16 July, stoking fears that similar restrictions will be placed on other north China ports.
News ID: 5233 Publish Date : 2019/07/16
A total of 30,000t of third-quarter 2019 ICI 4 derivatives contracts traded today but trading activity was scarce in the physical market, with bids and offers softening.
News ID: 5194 Publish Date : 2019/07/15
According to bulk vessel line up data compiled by SteelMint, Bangladesh has observed an increase in bulk imports of raw materials like coal and steel scrap, semi-finish products like HBI and Pig Iron while finished products like steel coil in FY19 (Jul’18-Jun’19) as compared to the earlier fiscal.
News ID: 5014 Publish Date : 2019/07/04
While China remains the world's largest producer of carbon emissions—where air pollution is still responsible for more than 1 million premature deaths a year—the Asian power is also the biggest investor in renewable energy.
News ID: 4986 Publish Date : 2019/07/02
Indian steel prices remained volatile during the week 26 (22nd to 29th Jun) as domestic trades were not up to the mark for Semis & Finished products amid rising inventories with the mid sized mills, as reported by industry participants.
News ID: 4980 Publish Date : 2019/07/02
