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China Sep iron ore imports surge to 20-mth high on firm demand

2019-10-15 09:15:00 Import & Export,  Iron Ore reuter.com

China's iron ore imports rose for a third straight month in September to a 20-month high, according to customs data released on Octob...

Weak demand offsets fall in iron ore

2019-10-14 08:50:37 International,  Iron Ore reuters.com

Steelmakers' margins are due to deteriorate in coming quarters despite a fall in the price of raw material iron ore because steel p...

Rio Tinto signs its first Renminbi portside trading contract

2019-10-12 08:35:33 Import & Export,  International,  Iron Ore reuters.com

Rio Tinto, one of the world's top iron ore miners, signed its first spot trading contract denominated in Chinese Renminbi on October ...

Iron ore prices likely sink to $60-80/t, report

2019-10-11 17:32:52 Price,  Iron Ore sxcoal.com

China's import iron ore prices are expected to drift lower to $60-80/t CIF from next year onward, as seaborne supply stabilizes and C...

As Fortescue taps Guinea, China eyes broader iron ore supply sources: CEO

2019-10-11 09:17:20 Import & Export,  International,  Iron Ore reuters.com

China is looking beyond current suppliers like Australia to procure raw materials in future as its steel demand continues to grow, th...

China iron ore price index fluctuates in Sep, downward risk looms, CISA

2019-10-09 16:53:44 Viewpoint,  Price,  Iron Ore sxcoal.com

China's iron ore prices fluctuated within a narrow range amid oversupply and a flat downstream steel market in September, according t...

Russian Jul iron ore exports surge 51% on yr

2019-09-27 08:52:20 Import & Export,  International,  Iron Ore sxcoal.com

Russian iron ore exports posted a year-on-year increase of 50.9% in July, according to data from the Customs Committee of Russia. ...

China iron ore, stainless steel futures rise on trade deal optimism

2019-09-26 15:28:23 Iron Ore,  futures reuters.com

Chinese iron ore futures climbed more than 2% on September 26, despite little trading in the physical market ahead of the country's N...

China steel, iron ore futures falter amid cloudy demand outlook

2019-09-18 09:35:29 Iron Ore,  futures reuters.com

China steel futures slipped on September 17, retreating from a 1-1/2-month high hit in the previous session on high inventories of st...

China's DCE brings in brand delivery system for iron ore futures

2019-09-17 16:19:22 Policy,  Iron Ore,  futures sxcoal.com

China's Dalian Commodity Exchange (DEC) introduces the brand delivery system for iron ore futures traded in the exchange, to replac...

Vale partially halts work at second-largest iron ore mine

2019-09-17 08:42:03 Price,  International,  Iron Ore mining.com

Brazil's mining authority has ordered Vale to halt operations at part of its Brucutu iron ore mine, the largest in Minas Gerais state...

China's imported iron ore inventory rises further at major ports, CISA

2019-09-12 17:40:32 Iron Ore sxcoal.com

Stockpile of iron ore at the country's major ports stood at 121 million tonnes by end-August, up 4.9 million tonnes or 4.21% from a m...

China, Singapore iron ore futures slip on easing supply concerns

2019-09-09 13:49:17 Price,  Iron Ore,  futures reuters.com

Iron ore futures in Dalian and Singapore fell in early trade on September 9 after data showed China's imports of the steelmaking raw ...

China's Aug iron ore imports jump on growing supply, stable demand

2019-09-09 11:52:03 Import & Export,  Iron Ore reuters.com

China's iron ore imports rose again in August to a 19-month high, customs data showed on September 8, boosted by rebounding supplies ...

India's NMDC Aug iron ore sales tumble 35.8% YoY

2019-09-06 15:56:37 Company,  Production & Sales,  Iron Ore sxcoal.com

NMDC Ltd, India's largest state-run iron ore miner, suffered a sharp year-on-year reduction of 35.8% in its sales in August, affected...

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Editors Recommendations

1 Chinese thermal coal traders under inventory pressure, fueling downside concerns 2019-10-15

Traders engaged in spot thermal coal business at northern China transfer ports came under mounting inventory pressure, anxious about further price falls as market sources said port authorities may tak

2 China coal import curb fears not growing despite high import figures 2019-10-15

Fears of China's possible coal import restrictions, which daunted the import market for months, did not grow further although September import figures remained strong. Data from Chinese c

3 Weekly China coking coal market analysis and forecast 2019-10-15

Coking coal market further softened at main production regions in China during the past week. Coal miners slashed prices of low- and high-sulfur primary coking coals in face of rather sluggish demand

4 China Sep iron ore imports surge to 20-mth high on firm demand 2019-10-15

China's iron ore imports rose for a third straight month in September to a 20-month high, according to customs data released on October 14, fueled by firm demand at steel mills and stable shipments fr

5 Weekly China met. coke market analysis and forecast 2019-10-15

China's met. coke market stayed largely unchanged last week, with no more progress being made after some producers proposed for price hikes. Since the National Day holidays, coke production has gra

6 Weekly China thermal coal market analysis and forecast 2019-10-15

China's thermal coal market showed signs of strain in the past week, as supply was recovering with output curbs eased at mines after the National Day holiday and demand remained at a low ebb.

7 Weekly steel news summary (Oct 8-Oct 12) 2019-10-14

Nippon Steel to shut typhoon-damaged Kimitsu plant until end-Dec Japan's biggest steelmaker, Nippon Steel Corp., said on October 3 one of the two steelmaking plants at its Kimitsu Steel Works wi

8 China's natural gas imports rise 7.8% YoY in Sep; zest to grow 2019-10-14

Chinese customs data showed a solid year-on-year growth of 7.8% in its natural gas imports in September, primarily spurred by China's continued efforts in coal-to-gas/electricity switch for heating sy

9 China Coal Daily Track (Oct 14) 2019-10-14

Thermal coal Production area Coal prices kept largely stable late last week in Ordos, Inner Mongolia, with purchases not bad from surrounding power plants. With inventories slightly decreasing

10 China Sep steel products exports rebound on price edge 2019-10-14

China's steel products exports in September bounced back 6.5% from the previous month, reversing a 10.1% slip in August, according to customs data released on October 14, since cheaper prices kept att

Most Read News Stories

1 PetroChina unit strikes high oil, gas flows in deep Tarim well 2019-10-08

An exploration and production unit of China's state energy giant PetroChina has drilled into high flows of natural gas and condensate in an exploration well in northwestern region Xinjiang, in what co

2 Indonesia sets coal reference price at 3-yr low of $64.8/t in Oct 2019-10-08

Indonesia's Ministry of Energy and Mineral Resources has set its October thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $64.8/t, notching the lowest level since October 20

3 Chile largest coal mine closure may spur imports from Indonesia 2019-10-10

Chile is likely to resume imports of sub-bituminous coal from Indonesia, as its largest domestic coal mine is facing risk of closure in the near term, sources reported. Mina Inviern

4 Indonesian coal miners anxious about law enactment impasse 2019-10-10

Seven Indonesian coal mining companies are facing legal uncertainty as deliberations on the amendment of the 2009 Mining Law were postponed, deterring them from adding investment on their assets.

5 Glencore, Tohoku in deadlock over coal contract negotiation 2019-10-11

Global miner Glencore and Japan's Tohoku Electric Power are divided over price for their annual thermal coal supply contracts starting from October, sources said. Glencore intended to rea

6 Australia's Gladstone port Sep coal exports to China sink to 3-1/2-yr low 2019-10-09

Coal exports of Australia's Gladstone port to China plunged 80.12% from a year earlier to the lowest level since March 2016, amid ongoing uncertainty of Chinese import restriction on Australian coal.

7 S Africa seeks coal price cuts to save Eskom 2019-10-08

Bloomberg last week reported South Africa is pushing coal producers to cut prices to help save Eskom, the debt-ridden state-owned power utility that threatens to unravel the country's finances.

8 CHN Energy ups 5,500 Kcal coal Oct contract price by 4 yuan/t, sources 2019-10-08

China's top coal producer China Energy Investment Corporation, or CHN Energy, slightly adjusted up its October term contract price for outsourced 5,500 Kcal/kg NAR thermal coal by 4 yuan/t from a mont

9 Flood dampens India's thermal coal output, pushes up overseas demand 2019-10-09

Flooding at one of Coal India's largest open-pit mines will halt operation there for at least a month, a senior company official said last week, which is likely to push domestic utilities to seek for

10 NW China coal city still has multiple mines in suspension after holiday 2019-10-10

Yulin city, a leading coal production hub in northwestern China's Shaanxi province, still has a large number of coal mines in suspension after the National Day holiday ended on October 7.

Most Read Analysis & Comments

1 Indonesian thermal coal prices gain strength from India's supply crunch 2019-10-11

Indonesian thermal coal prices continued moving upward in China's seaborne import market, boosted by fuel hunger in another major destination India, where a large coal mine was flooded and expected to

2 China met coke demand dented by weak steel outlook 2019-10-12

Sentiment started to weaken in China's met coke market, along with a dismal steel outlook stemming from overloading ban in eastern China and lower-than-expected buying appetite from mills nationwide.

3 China Coal Daily Track (Oct 12) 2019-10-12

Thermal coal Production area Some miners in Ordos of Inner Mongolia lowered coal prices amid increasing supply and slack demand from portside traders, yet price cuts failed to improve sales. L

4 Mongolia to surpass Australia as China's top coking coal supplier 2019-09-30

Resource-rich Mongolia is expected to surpass Australia to become the biggest coking coal supplier to China in the mid-to-long term, as price-competitive Mongolian coal keeps flowing into its close

5 Excess supply, waning demand to pressure coking coal prices in China 2019-09-30

China's coking coal price will probably edge lower next year on concerns of surplus supply and falling demand from steel and coke sectors, Chinese coal consultant Fenwei Energy Information Services

6 Pre-holiday transactions lull in China import thermal coal market 2019-09-30

Trading activity lulled for seaborne thermal coal cargoes in Chinese import market ahead of the National Day holiday, given growing wait-and-see sentiment in anticipation of possible changes after the

7 Will Chinese thermal coal market revive after holiday? 2019-09-30

Some traders have withdrawn from spot thermal coal market for the National Day holidays in advance. At Qinhuangdao port, there are fewer vessels and most of them are waiting for loading of long-term c

8 Weekly China thermal coal market analysis and forecast 2019-09-30

Thermal coal market continued to be steady at northern China ports last week, with traders' firm offers unaccepted by high-stocked utilities. Stronger market was seen in main production areas where co

9 Haoji railway will help boost China's demand for Mongolian coal 2019-09-30

The commercial operation of Haoji railway provides a channel for Mongolian coking coal to seize larger market share in China, as it will boost domestic demand for Mongolian coal, said Chang Yijun, pre

10 China Coal Daily Track (Sep 30) 2019-09-30

Thermal coal Production area Most coal mines in Shaanxi's Yulin kept normal operation ahead of the National Day holidays, while downstream purchases slowed down compared with early days thi

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