Weekly Alert | China thermal coal market slumps, coking coal under risk too
China's spot thermal coal prices have dropped to govt-capped level this week, and are likely to fall further; coking coal prices also are under renewed risk after 10th cut in met coke price...
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China's spot thermal coal prices down close to contract upper limit
China's spot domestic thermal coal prices witnessed another steep decline on June 1, approaching the upper limit of the contract price...
Coking coal buying appetite retreats in China amid 10th coke price cut
Coking coal dispatches continued to slide in major production areas of China, with a more prudent buying stance observed amid the...
China's steel PMI down for 3rd mth in May
The Purchasing Managers' Index (PMI) in China's steel sector, an economic indicator for the industry, fell to 35.2 in May, marking ...
Jiangsu power grid load exceeds 100 GW, first seen in May
The power grid in eastern China's Jiangsu province achieved a milestone as its electricity demand reached a peak of 100.97 GW on May ...
Xinjiang to put new coal railway into operation by Sep
Xinjiang Uygur autonomous region in northwestern China is preparing to open a new railway by the end of September, facilitating the ...
Mongolia-China Shivee Khuren-Ceke railway starts construction, benefiting coal exports
Mongolia has started construction of a 7.1-km railway linking Shivee Khuren and China's Ceke border port, which is likely to boost...
Mongolia seeks to supply coking coal to India
Mongolia has expressed interest in becoming a potential supplier of coking coal to India and has approached the country's Steel...
India plans stake sale in Coal India, aims to raise $6.17
The Indian government has announced its intention to sell a stake of up to 3% in state-owned miner Coal India Ltd, it said in a...
Nippon Steel pursuing stake in Teck Resources coal asset
Nippon Steel, a prominent Japanese steelmaker, remained engaged in negotiations with Teck Resources regarding its strong interest in ...
Key Chinese market updates
Thermal coal prices, port updates, freight rates
Coking coal, met coke and steel prices, freight rates
Data watch
Sxcoal has summaried the latest official coal import/export updates as follows: