Relevant News

US utilities turn to Colombia, Russia for coal in 2014

U.S. utilities are importing more coal from countries like Colombia, Russia and Indonesia in 2014 to hedge against poor railroad service, fulfill unique blends and, in an alarming trend for Central Appalachia coal producers, because it is less expensive than b...

Wednesday, July 30, 2014

Iran's steel output reaches 7.982 million tons in H1

It is reported that Iran's steel output reached 7.982 million tons in first half of 2014, increase of 8.4% compared to the same period of last year.

Wednesday, July 30, 2014

Posco SS remains stainless rod, bar prices flat for August

It’s reported that the Korean steelmaker Posco Specialty Steel announced to remain its domestic prices for austenitic stainless wire rods and bars unchanged for August, in spite of the improved nickel prices.

Wednesday, July 30, 2014

Korea’s iron ore imports rise in H1

According to data, Korea’s iron ore imports totaled 36.81 million tons in the first half of this year, soaring by 26% year on year.

Wednesday, July 30, 2014

China's Coal Inventories Rise, Losses Widen

China's coal producers faced greater inventories in the first half of the year as an economic slowdown and lingering oversupply continued to weigh down the sector, according to data from the National Development and Reform Commission (NDRC).

Tuesday, July 29, 2014

Lynas restructuring leads an all-Australian rare earths market tide

The share performance of the only two producers of rare earths outside of China Lynas Corp. (ASX: LYC) and Molycorp (NYSE MKT: MCP) in the past two would have suggested that the REE market has picked up some favourable winds.

Tuesday, July 29, 2014

China's Coal Industry Says Times Are Hard, Outlook Worse

More than 70 percent of China's coal firms are making losses, the head of the coal industry association said on Thursday, with prices eroded by falling demand growth, a worsening supply glut and a war on smog. Wang Xianzheng, the chairman of the China Coal In...

Monday, July 28, 2014

China to Shut down 1,700 Small Collieries

China's work safety watchdog on Thursday vowed to close over 1,700 accident-prone small coal mines in a bid to enhance safety and reduce casualties.

Monday, July 28, 2014
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