European Commission Changes EU Steel Import Quotas System

The European Commission has published the result of its second investigation reviewing the safeguard measures put in place by the European Union on imports of steel products.

Wednesday, July 1, 2020

Blockchain-based iron ore platform MineHub publishes first transaction

Miner BHP and China Baowu Steel Group, the world's largest steel producer, have completed a first iron ore trade on MineHub.

Wednesday, July 1, 2020

China’s steel PMI decreases in June

China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June.

Tuesday, June 30, 2020

China to cap 2020 energy use at 5 billion tonnes of coal equivalent

Amid an accelerated push for green development, China on Monday decided to cap its annual energy consumption at five billion tonnes of standard coal equivalent this year.

Monday, June 29, 2020

Factory profit records first growth this year

The profit growth of Chinese industrial firms was positive for the first time this year as economic order further normalized from the COVID-19 epidemic in May, the National Bureau of Statistics said on Sunday.

Monday, June 29, 2020

Israel to cut coal-fired power by 17 pct in 2020: energy minister

Israel will cut its coal use for electricity generation by 17 percent by the end of this year, according to a statement released by the state's Ministry of Energy on Wednesday.

Monday, June 29, 2020

Australia cuts expose growing strain on US coking coal

The recent production cuts announced by Australian coking coal producers point to even greater cost pressures that their US counterparts are facing.

Sunday, June 28, 2020

Indonesian producer body seeks deep coal output cuts

The Indonesian Coal Mining Association (APBI) has asked its members to cut output by 40mn-50mn t during June-December to prevent a freefall in prices.

Sunday, June 28, 2020
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