Factory profit records first growth this year

The profit growth of Chinese industrial firms was positive for the first time this year as economic order further normalized from the COVID-19 epidemic in May, the National Bureau of Statistics said on Sunday.

Monday, June 29, 2020

Atlantic coking coal: Miners' outlook strengthens

Spot activity continues to be sporadic in the Atlantic coking coal market, as participants hope that early signs of a stronger third quarter in terms of volumes will be borne out.

Sunday, June 28, 2020

Vietnam's suitable tiered pricing mechanism urged for electricity sector

The Government should build a retail power price for industrial production firms equal to households and adjust the electricity tariff to suit people¡¯s living standards, experts have said.

Sunday, June 28, 2020

5G helps unearth more efficiency in coal mines

Coal mining companies in Shanxi province are turning smart, safer and more efficient by using the latest 5G technologies.

Sunday, June 28, 2020

Australia cuts expose growing strain on US coking coal

The recent production cuts announced by Australian coking coal producers point to even greater cost pressures that their US counterparts are facing.

Sunday, June 28, 2020

Indonesian producer body seeks deep coal output cuts

The Indonesian Coal Mining Association (APBI) has asked its members to cut output by 40mn-50mn t during June-December to prevent a freefall in prices.

Sunday, June 28, 2020

Turkish July-shipment scrap purchases match June

Steelmakers are still expected to purchase another 50,000-100,000t of July-shipment deep-sea scrap, but almost all of their requirements have been met.

Wednesday, June 24, 2020

ArcelorMittal eyes €440/t for HRC in northwest EU

ArcelorMittal today announced a €440/t ex-works base price for hot-rolled coil (HRC) in the northwest European market, buyers told Argus.

Wednesday, June 24, 2020
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