Turkey, the world’s largest ferrous scrap importer, has observed increase in imports of ferrous scrap, Iron ore, Semi finish & Finish products in Q2’19 on a quarterly basis, as per recent data released by the customs department. The country's crude steel production recorded at 16.99 MnT in H1’19, down 10% as against 18.86 MnT in H1’18.
News ID: 5998 Publish Date : 2019/08/17
One of the few remaining bulwarks propping up the US coal industry is languishing.
News ID: 5984 Publish Date : 2019/08/16
China's first-half receipts of Russian thermal coal rose by 15pc from a year earlier to 9.4mn t, Chinese customs data show, with imports of bituminous coal registering the most significant growth. Russian suppliers benefited from restrictions on imports of Australian coal imposed by the Chinese government.
News ID: 5942 Publish Date : 2019/08/15
A total of 94,000t of mostly first-half 2020 ICI 4 coal derivatives were cleared on the CME during Asia-Pacific business hours today, while trade in the physical market remained muted amid a public holiday in India.
News ID: 5940 Publish Date : 2019/08/15
In brief: Exports of Iranian iron ore have remained steady in the face of escalating tensions in the Mideast Gulf and there are few signs that China, which receives about 95pc of these volumes, will fall in line with US government sanctions.
News ID: 5919 Publish Date : 2019/08/15
Physical prices of low-calorific value Indonesian coal were flat to slightly softer today following the results of a Chinese utility tender, which was awarded at prices below recent spot deal levels.
News ID: 5819 Publish Date : 2019/08/07
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
During the week-31 (27 Jul-3 Aug’19), Indian steel prices in secondary market remained on a free fall owing to weak demand from the domestic & global buyers.
News ID: 5768 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
There were further signs that the low-calorific value Indonesian coal market was softening today, as details of a trade involving an August-loading GAR 4,200 kcal/kg cargo emerged at a lower price than recent comparable transactions.
News ID: 5491 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
During the week-29 (13-20th Jul'19), Indian domestic trade activities were subdued. The mid sized steel mills reported mix response from the domestic buyers over uncertainty in the market.
News ID: 5471 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
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
UK-South African mining firm Anglo American increased coking coal production in the second quarter after completing longwall moves. Its global iron ore output continued to rise following a restart at the Minas-Rio mine in Brazil.
News ID: 5293 Publish Date : 2019/07/18
