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Prediction: China Baowu Steel Group to cut steel prices sharply

Feedstock analysis: The spot prices of coke and coking coal kept rising and strict check on excessive output at coal mines restricted coal output, coupled with coking coal supply outage caus

4-11-2017 10:42:38

Daily coal consumption in coastal power plants sees a marked decline

Up to April 6th, coal inventory in the six major coastal power plants amounted to 9.6393 million mt, which was able to 18 days of usage, and daily consumption totaled 522,000 mt.

4-11-2017 10:31:04

Steam coal prices to be steady in April

Coal prices at ports and producing areas kept stable generally. As for demand, by end-March, the daily coal consumption of six major power plants still kept high at 670,000 mt, gaining 18.4%

4-11-2017 10:27:14

Shenhua Xinjiang Energy Q1 commercial coal sales gain 25% YoY to 7.568 mln mt

As of March 31st, 2017, Shenhua Xinjiang Energy Co., Ltd sold 7.5681 million mt of commercial coal, rising 1.5137 million mt or 25% on the year, with profits amounting to CNY3.55 million and

4-11-2017 10:24:15

Steam coal prices in producing regions keep steady

In late March, with the release of coal capacity, supply and demand pattern kept loose, weakening the periodic favorable factors, and coal price growth in producing areas stopped. Meanwhile,

4-11-2017 08:40:25

Steel price downtrend may continue

The futures moved downward these days, increasing downstream wait-and-see attitude, and the spot transactions also went down. Coupled with Changli billet resources suffered a two-consecutive

4-11-2017 08:33:20

HNA Group Global acquired 51% stock equity from Clencore with 775,000 dollars

On March 31st, HNA Capital, the subsidiary of HNA Group Global signed the joint venture agreement with Clencore, the trading giant of global bulk commodity. HNA Capital acquired 51% stock en

4-10-2017 18:05:59

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