China insight

China resumes 83.4% coal production capacity amid epidemic

China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administration (NEA) said Wednesday.

Friday, March 6, 2020

Shanghai rebar futures end higher on more stimulus hopes

[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories.

Friday, March 6, 2020

China Baowu’s crude steel output world’s largest in 2019

[Ferro-Alloys.com] Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world’s largest producer of crude steel in 2019.

Friday, March 6, 2020

Chinese domestic coal prices under pressure as market sentiment softens

[Ferro-Alloys.com] Chinese domestic coal prices for higher grades of coals have been holding firm for eight weeks, but prices for weaker grades of coals have retreated, effectively erasing the increase in prices seen in mid-February.

Friday, March 6, 2020

Indonesia’s Bukit Asam 2019 output rises 10.2%

[Ferro-Alloys.com] Indonesian state-owned coal miner PT Bukit Asam said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.

Thursday, March 5, 2020

Canada’s Steel Producers Set A Goal to Achieve Net Zero CO2 Emissions by 2050

[Ferro-Alloys.com] The Canadian Steel Producers Association (CSPA) today announced its goal to achieve net zero carbon dioxide emissions by 2050. This goal is the central plank of the CSPA’s newly unveiled Climate Call to Action -- an industry first that lay...

Thursday, March 5, 2020

China iron ore futures resume rise on stimulus optimism

[Ferro-Alloys.com] Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak.

Thursday, March 5, 2020

Colombian coal output fell 2% in 2019

[Ferro-Alloys.com] Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the principle mines declined and operations were interrupted by droughts, the government said Wednesday.

Thursday, March 5, 2020
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