Europe may continue to dominate US thermal coal exports in 2023 but demand for high-sulfur coal may wane.

The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market.

By September this year, the number of iron and steel enterprises in the northern Chinese province had been slashed to 39 from 123 about 10 years ago.

After the reorganization, Sinosteel will no longer be under the direct regulation of the SASAC.

The channel is also a major route for China's west-to-east coal transportation, ensuring the country's energy consumption demand is met.

Fluorspar is the commercial name for the naturally occurring mineral fluorite, composed of calcium and fluorine (CaF2).

In November 2022, the production of the Mining and Hydrocarbons sector increased 5.06% compared to the same month of the previous year.

Thanks to the large-scale development of clean energy, especially solar and wind power, consumption of fossil fuels is expected to decrease by 3.15 billion ton standard coals during the 2030-60 period, Dai said.