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Industry analysis: steel price may rise then fall
From the perspective of demand, in June, the Southern region ushered in the rainy season, with rainstorms and floods in many places. |
Queensland fast tracks Valeria coal mine
The Queensland government will fast track approvals for Switzerland-based mining firm Glencore's A$1.5mn ($1bn) Valeria thermal and coking coal mine, as it seeks to boost the state's economy in the wake of the Covid-19 pandemic. |
Anglo restarts Australia’s Moranbah coking coal mine
UK-South African mining firm Anglo American has restarted its 6.5mn t/yr Moranbah North coking coal mine in Queensland, Australia, four months after a seam collapse forced its closure. |
Tokyo Steel lifts scrap prices further on tight supply
Japan's Tokyo Steel announced its sixth increase for ferrous scrap prices this month, effective on 13 June, as its previous rises failed to boost scrap flow to some mills. |
US coking coal risks possible overcapacity
US coking coal mining firms were put in a position of running up high inventories at the start of the third quarter. |
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