The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

The country consumed 4.86 billion metric tons of standard coal in 2019, lower than the ceiling target of 5 billion tons.

Innovation is a fundamental condition for China's steel industry to achieve high-quality development during the 14th Five-Year Plan(2021-25) period and beyond, according to a senior industry expert.

Customization, green practices, automation to ensure efficiency, safety and profitability.

China Petrochemical Corp, also known as Sinopec, recently started its first wind power project to further expand its clean energy footprint.

The coal import and export trade was once suspended due to COVID-19 earlier this year, and restarted on March 28.

Longhui Coal Gasification is another company that recently moved to Qingxu park. It will maintain its coking operation at a much more advanced level.