Search Results
China Steelmaker Compete For Import Of Coking Coal Next Year
China as a country that has the largest steel manufacturer in the world, probably next year will face competition with Japan and South Korea for coking coal. This year China’s coking coal imports increased 12-fold. Increased coking coal imports due to China’s government policy to close some coal mines that are not considered safe in [...]
China Import Demand For Iron Ore And Coal Affect Australian Iron Ore And Coal Export
China’s preliminary November trade data are painting a supportive picture for Australian iron ore and coal exports. Iron ore import flows are back to the long-term growth trend, while China’s coal exports were down 30% month on month and are down 47% year on year, with export tonnage being diverted into China’s strengthening domestic market.
Coking Coal Prices Expected Increase To Reach $200 per ton in 2011
Analysts estimate the price of coking coal will rise to reach levels of $ 200 per ton in 2011. Indications of coking coal price increase is marked by increased demand for coal imports by China. Coking coal prices in the spot market have reached $ 175 per ton, compared to the price of coking coal [...]
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
Coking Coal Export To China Increased, Coking Coal Prices $160-170 Per Tonne
Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the Indian economy, spot prices of the raw material are expected to firm up in the international market.
Pike River Coal Producers Prepare Shipping Coal To India And Continue Talk With Korea, China
Pike River Coal to continue talks with China and Korea on the sale of coal to China and Korea. Pike River mining companies have signed agreements with China and Korea to send coal mine production to China and Korea for three years.
BHP Billiton Prediction Demand Iron Ore and Coking Coal Into Health Commodity Market Global Demand
The release of BHP Billiton’s production results always provides an insight into the immediate health of commodity markets and global demand, as well as being a litmus test for the health of the mining sector generally.
Australian Contract Price Iron Ore and Coking Coal Export to Halve as Chinese Growth Slumps
The crisis and the effects on the domestic economy are expected to deepen as commodity prices fall because of reduced global demand.
Coking coal boost as China imports
ANALYSTS are predicting a rebound for coking coal prices as China becomes a net importer of coal for the first time in its history.
Recent data shows the resource-hungry nation imported 14.3 million tonnes of coal in the first quarter of 2007, a 60.4 per cent rise over the three months ending March 31, 2006.
That compares [...]
