FlashNewsAnalysis

  • Thursday May 30,2024
  • 10:39:23
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    China will take a slew of actions to achieve its carbon reduction goals, including strictly and reasonably controlling coal consumption, controlling crude steel output and capping steel capacity expansion, optimizing oil and gas consumption structure, and upgrading non-fossil energy consumption, as well as other areas like transportation and construction sectors, according to a circular released by the State Council late May 29.

  • Wednesday May 29,2024
  • 15:18:56
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    Vietnam produced 4.11 Mt of coal in Apr, down 8.72% YoY and 5.03% MoM.

  • 11:37:39
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    Mongolia exported 29.90 Mt of coal over January 1 to May 27, surging 34% YoY, customs data showed. The country targets 60 Mt for 2024.

  • 11:18:18
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    The US produced 33.07 mln short tons (30.00 Mt) of coal in Apr 2024, down 29.6% YoY and 18.6% MoM, the U.S. EIA said in its Monthly Energy Review on May 28.

  • 10:52:10
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    Mongolian miner ETT is expected to commence its "Tavantolgoi Coal Terminal Stock" project, a logistic center with an annual capacity to load 20 Mt of raw coal onto trains for exports, in Q2 of 2024, Montsame reported.

  • Tuesday May 28,2024
  • 08:45:32
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    Coal production in Russia's key producing area of Kuzbass declined 3.6% YoY to 70.40 Mt in Jan-Apr 2024, according to the Ministry of Coal Industry of Kuzbass.

  • Monday May 27,2024
  • 16:50:37
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    Germany imported 1.97 Mt of hard coal in Mar 2024, falling 31.54% YoY and 4.29% MoM, according to preliminary data from German Statistics Bureau.

  • 16:25:46
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    India imported 25.95 Mt of coal in Apr, up 6.14% YoY and 9.99% MoM.

  • Friday May 24,2024
  • 13:35:15
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    Indian government plans to hold a meeting on May 28, 2024 to discuss the issues of imposition of quantitative restrictions on import of low-ash metallurgical coke. The move is part of response to a surge in imports of the steel-making material and aims to protect domestic producers.

  • 11:02:12
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    Baosteel Resources Singapore Co., Ltd., a subsidiary of Baowu Resources, and Adaro Minerals Indonesia signed a strategic cooperation agreement for 2024-2025 in Singapore. The two parties will jointly explore diversified cooperation models in the coal field (high-quality coking coal resources) and promote mutual benefit and a win-win result, Baosteel said on its facebook account.

  • 09:35:57
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    Chinese key steel mills produced 2.21 Mt of crude steel averagely each day over May 11-20, up 0.81% compared to previous ten days but down 1.61% YoY, according to data released by China Iron and Steel Association.

  • 08:50:33
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    Thailand's thermal coal (including bituminous and sub-bituminous coal) imports in Apr came in at 1.79 Mt, surging 60.04% YoY and up 5.39% MoM, customs data showed.

  • Thursday May 23,2024
  • 17:20:02
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    Coal exports of Brisbane port in Queensland, Australia stood at 252.3 Kt in Apr 2024, up 11.79% MoM and compared with zero a year ago, according to the latest data released by the PBPL.

  • 15:30:20
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    Australia's largest coal-fired power plant Eraring Power Station is expected to stay open for an additional 2 years until Aug 2027 amid concerns of insufficient power supply from renewables to make compensation. Eraring supplied a quarter of power needs in NSW.

  • 13:50:38
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    China's top five coke-producing provinces – Shanxi, Inner Mongolia, Hebei, Shaanxi and Xinjiang – produced 20.82 Mt of coke in Apr, down 1.1% MoM and accounting for 54.1% of China's total, according to data released by the NBS.

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