Mongolian coking coal miner SouthGobi Resources has announced that it has resumed mining at Ovoot Tolgoi mine on March 22 and plans to produce 3.2 million of soft-coking coal during the rest of 2013. SouthGobi Resources produced 1.33 ...
Tags: Metallurgy, Mineral, Energy, coking coal miner, coal
Dalian Commodity Exchange (DCE) has announced that it has launched coking coal futures trading as of March 22, indicating that launch of coking coal futures has great significance in improving the coal market system and playing a ...
China’s Ministry of Commerce (MOC) has announced that during last week (March 18-24) the average steel price in China decreased by 0.2 percent compared to the previous week. In particular, in the given week prices of 12 mm diameter ...
Tags: MOC, Average Steel Price, Mineral
Mongolian coking coal miner SouthGobi Resources produced a total 1.34 million mt of unwashed thermal and coking coal in 2012, down 70.7% year on year compared with 4.57 million mt in 2011. Of the total, semi-soft coking coal output in ...
Tags: Coal Output, Mining Suspension, Mongolian
To be able to withstand the challenge from low priced petrochemicals from the US in future, Asia’s biggest retailer, Sinopec Corp, earlier called China Petroleum and Chemical Corp, is gearing up to reduce its petrochemical production ...
Russian steelmaker Severstal's mining subsidiary Vorkutaugol has announced that it is considering developing a new coal mine at its Usinsk deposit in Russia's northern Komi region. The new mine is expected to have an annual production ...
Tags: steelmaker, steel, coal mine
On Wednesday, Brazil's Vale lifted the force majeure on a number of its coal sales contracts in Mozambique. On February 15, 2013, Vale declared force majeure following heavy rainfall since early February in Tete, Mozambique, creating ...
Tags: coal sales, coal, Vale
Canada's Morien Resources is heading up a group of investors and coal buyers in talks with Xstrata Coal about buying its 75% stake in the $500 million Donkin coal project in Nova Scotia, a source close to the situation said Monday. The ...
Gujarat NRE Coking Coal (GNCCL), the Australian subsidiary of India-based Gujarat NRE, has announced that India-based Jindal Steel & Power Limited (JSPL) has increased its shareholding in the company to 29 percent as of March 22. JSPL also ...
Tags: Metallurgy, Mineral, Energy, Coking Coal
It is reported that KOKS Group, Russian pig iron and coke producer, announces to idle its 750,000 tpy No. 2 blast furnace at its Tulachermet iron works in western Russia in late May this year for just under 1.5 months for maintenance ...
Tags: KOKS, Mineral, Temporary Close
Russia's En+ Group, China Development Bank and Shenhua Group have signed a strategic cooperation agreement worth up to $2 billion to jointly develop coal resources in Eastern Siberia, the Russian energy company said Friday. Under the ...
It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 27 fell and 51 remained unchanged on 25/03/2013.The largest rises were Propylene oxide (1.24%),PA (1.12%),Nickel (1.04%),while the ...
Tags: Commodities Price Chart, China, Chemicals
Author and humorist Mark Twain is given credit for the saying, “Whiskey is for drinking; water is for fighting.” It is unknown if Twain ever spoke those words. A bottle of whiskey makes for sipping. Water makes for a political ...
Tags: Whiskey, Agriculture Water, Food
Competitively-priced cargoes of Indonesian thermal coal added to the downward pressure on Chinese spot prices Wednesday, with a Panamax spot cargo of Kalimantan 5,500 kcal/kg NAR coal heard placed into south China at $83/mt CFR basis, ...
Tags: Coal, thermal coal, Metallurgy, Mineral, Energy
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's coking coal imports rose by 11.9 percent year on year but decreased to the lowest level recorded since January last year to 2 million ...
Tags: Coking Coal, Metallurgy, Mineral, Energy