News Categories

Chinese Steel Market Highlights- Week 28, 2019

17 July 2019 - 11:57
This week Chinese steel prices witnessed downside over volatile futures.Meanwhile this in turn resulted to marginal decline in export offers from China.

Indian Steel Market Weekly Snapshot

17 July 2019 - 11:50
This week (6th-13th Jul'19) Indian steel market observed limited demand in finished products, hence there is fall in price range by INR 200-1,000/MT (USD 3-15).

Caofeidian freezes seaborne coal customs declaration

16 July 2019 - 15:48
China's Caofeidian port in Tangshan, Hebei province, has put a freeze on customs declarations for all imported coal with effect from 16 July, stoking fears that similar restrictions will be placed on other north China ports.

Prices rise slightly for 3Q ICI 4 coal derivatives

15 July 2019 - 18:26
A total of 30,000t of third-quarter 2019 ICI 4 derivatives contracts traded today but trading activity was scarce in the physical market, with bids and offers softening.

Billionaire US coal baron Cline dies in helicopter crash

7 July 2019 - 19:06
Christopher Cline, the billionaire coal tycoon best known for reviving the Illinois mining industry and making a fortune doing it, died in a helicopter crash Thursday.

Bangladesh: Bulk Steel Scrap Imports Up 14%; Billet Imports Down 59% in FY19

4 July 2019 - 14:11
According to bulk vessel line up data compiled by SteelMint, Bangladesh has observed an increase in bulk imports of raw materials like coal and steel scrap, semi-finish products like HBI and Pig Iron while finished products like steel coil in FY19 (Jul’18-Jun’19) as compared to the earlier fiscal.

China Remains a Leader in Renewable Energy

2 July 2019 - 16:13
While China remains the world's largest producer of carbon emissions—where air pollution is still responsible for more than 1 million premature deaths a year—the Asian power is also the biggest investor in renewable energy.

Indian Steel Market Weekly Snapshot

2 July 2019 - 07:54
Indian steel prices remained volatile during the week 26 (22nd to 29th Jun) as domestic trades were not up to the mark for Semis & Finished products amid rising inventories with the mid sized mills, as reported by industry participants.

Trump gift to coal industry won’t halt decline – report

28 June 2019 - 20:44
A Federal Energy Regulatory Commission report shows the total available installed generating capacity of coal stood at 257.5 gigawatts (slightly less than renewable energy sources for the first time US history).

Renewable energy sources in the US now outstrip coal

27 June 2019 - 19:50
While the United States’ coal industry has been for years losing ground to alternative energy sources, including shale and natural gas, renewables have surpassed the fossil fuel for the first time, official data shows.
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