ArcelorMittal has increased its European hot-rolled coil offer to €730/t for second quarter deliveries with immediate effect.

Authorities have pledged more efforts to increase supply and adjust demand to lower coal prices.

Iranian steelmakers exported more than 5.6 million tons of steel ingots during the nine months of the current Iranian year (Mar. 20-Dec. 20, 2020).

Xinjiang, rich in coal and wind power resources, currently transmits electricity to 20 other Chinese provincial regions.

Breakthroughs in key technologies, solutions expected.

A new railway line for transporting coals was put into operation in China recently.

Seven of China's major coal-producing groups have called on the sector to boost supply and keep prices within a reasonable range.

Shanxi, a major coal-producing region in north China, has shut down 163 coal mines and eliminated 146.05 million tonnes of annual coal production capacity over the past five years.