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February 01, 2023

Iron ore retreats as traders assess China demand

MANILA: Iron ore futures slipped on Tuesday, with the Dalian benchmark price pulling back from the previous session’s contract high, as traders assessed demand in top steel producer China while also keeping an eye on regulatory risks.

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February 01, 2023

Iron ore extends rally on China demand optimism

DALIAN iron ore futures extended gains after a week-long Chinese New Year holiday, climbing more than 3 per cent to a contract high on Monday (Jan 30), amid optimism about demand from the world’s top steel producer.

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February 01, 2023

Coking coal narrows the gap on thermal as China reopens

Singapore-traded futures linked to the price of Australian coking coal SCAFc1 ended at $315.67 a tonne on Monday, up 21% since the end of last year and 56% higher than the 13-month low of $203 hit in August last year.

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January 30, 2023

China-Australia relations: Beijing’s coking coal order another sign of thawing ties

Before the Lunar New Year, 80,000 tonnes of coking coal was ordered from the Moranbah North mine in Queensland to be shipped to China February/March.

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January 30, 2023

Asia thermal coal prices slip as China, India buy less

Prices of the main traded grades for coal used in power plants dropped to their lowest in months last week, and to the weakest in a year in the case of one of the major Australian varieties.

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January 27, 2023

China gobbles up iron ore from India after government withdraws duty

A reopening China trying to stoke domestic demand scooped up nearly all of India’s iron ore exports in December after New Delhi lifted export duty on the mineral a month earlier, commerce ministry data showed.

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January 27, 2023

Fortescue smashes iron ore export record

Fortescue Metals shipped a record volume of iron ore in the six months to December, as its traditional business further provides a strong platform for the company’s high-stakes pivot into clean energy.

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January 27, 2023

North Asia cranks coal imports to fuel industry

Economic momentum in these countries – which collectively accounted for nearly half of all thermal coal imports in 2021 – was subdued in 2022.

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January 26, 2023

Coal ash crackdown continues as EPA denies extensions for six power plants

Among other issues, the EPA determined some plant owners were placing monitoring equipment in locations that could deliver misleading results.

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