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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

A Federal Energy Regulatory Commission report shows the total available installed generating capacity of coal stood at 257.5 gigawatts (slightly less than renewable energy sources for the first time US history).
News ID: 4926    Publish Date : 2019/06/28

While the United States’ coal industry has been for years losing ground to alternative energy sources, including shale and natural gas, renewables have surpassed the fossil fuel for the first time, official data shows.
News ID: 4915    Publish Date : 2019/06/27

Chile is stepping up efforts to switch entirely to renewable energy by 2040 by kicking off the process of closing eight coal -fired power stations over the next five years.
News ID: 4914    Publish Date : 2019/06/27

Indian Steel prices slump sharply during the week 25 (15-22 Jun) owing to weak demand amid strong supply. The participants reported below to average inquiries from domestic and global buyers as well, hence there was constant drop in prices.
News ID: 4893    Publish Date : 2019/06/24

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