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Chinas steel output cuts could continue in H2, annual target ...
Wed, 04 Aug 2021 00:00:00 GMT
A recent call by Chinas Politburo for a correction in campaign-style carbon reductions is expected to mainly target Chinas thermal coal industry, while the nationwide steel output cuts will likely still be implemented in the second half of 2021, as curbing iron ore prices was the major reason behind it, market sources said. Chinas top planning body in a July 30 meeting said it was important to set the path to peak carbon emissions first before breaking old patterns. The announcement led

Analysis: Europes steel-raw materials spread slips in July after ...
Tue, 03 Aug 2021 00:00:00 GMT
The European hot-rolled coil steel to raw materials price spread edged lower in July as higher coking coal, iron ore pellet and scrap prices limited gains from record monthly HRC spot prices. The Northwest European HRC-steel raw materials spot spread moved down to Eur758/mt ($900/mt) in July from Eur761/mt in June, according to estimates by S&P Global Platts on Aug. 2. In the second quarter, the European HRC spread averaged a new record high Eur695/mt, up 61% from Q1, on the back of

Sunflag Iron & Steel emerges as highest bidder for coal block ...
Tue, 03 Aug 2021 00:00:00 GMT
The bid by Kolkata-based firm Shreesatya Mines Private Ltd for partially explored Rauta Closed mine in Jharkhand is the highest so far by any company in both rounds of commercial coal auctions. Data available with the corporate affairs ministry showed that Shreesatya Mines Private Ltd was incorporated on June 7 this year.

Theres more to mining at Anglos Dawson operation
Mon, 02 Aug 2021 00:00:00 GMT
Anglo American has taken part in a new campaign at its Dawson coal mine in Queensland, advocating for land rehabilitation and responsible mining.

Coal India offtake, output increase in July
Mon, 02 Aug 2021 00:00:00 GMT
CILs total coal off-take also increased by a staggering 46.7 MTs during the first four months of the fiscal in progress, registering a strong 28.4% growth. The total volume of coal supplied was 210.8 MTs during April-July21 compared to 164 MTs of corresponding period year ago.

MMK approves changes to organisational structure as part of large-scale ...
Mon, 02 Aug 2021 00:00:00 GMT
The approved changes are designed to ensure maximum efficiency of management and control during the implementation of MMK's unprecedented investment programme, aimed at a fundamental technical re-equipment of sinter coke production and subsequent refining processes at the

CIL board approves increase in coal evacuation facility charges
Sat, 31 Jul 2021 00:00:00 GMT
The board has also approved subsuming rapid loading charges with evacuation facility charges with effect from Sunday, Coal India Ltd (CIL) said in a filing.

Steelmaking to be mainly primary-based beyond 2050 due to insufficient ...
Fri, 30 Jul 2021 00:00:00 GMT
Most steel will still be made from primary raw materials including iron ore and metallurgical coal beyond 2050 because of limited supplies of ferrous scrap, according to information presented July 28 by the Net-Zero Steel Pathway Methodology Project, or NZSPMP, a sectoral grouping. We can't rely on scrap to decarbonise steelmaking; iron ore (primary) based steelmaking will remain critical beyond 2050 steel production from scrap will only satisfy about 45% of future demand due to limited

QCoal chooses Mastermyne to restart Cook Colliery
Fri, 30 Jul 2021 00:00:00 GMT
QCoal Group has selected Mastermyne to re-commence underground operations at the Cook Colliery metallurgical coal mine in Central Queensland.

Teck Resources' (TECK) Earnings Beat Estimates in Q2, Up Y/Y
Thu, 29 Jul 2021 00:00:00 GMT
Teck Resources' (TECK) second-quarter results gain from higher copper and steelmaking coal prices.

Stanmore gets the nod at Isaac Downs
Wed, 28 Jul 2021 00:00:00 GMT
Stanmore Resources has received a mining lease for the Isaac Downs metallurgical coal project in Queenslands Bowen Basin, enabling construction and operations to begin.

M stands for momentum at Millennium mine
Tue, 27 Jul 2021 00:00:00 GMT
M Mining has contracted Australian Mining Rehabilitation (AMR) and MCC Group for mining and site services, respectively, at the Millennium and Mavis Downs coal mine in Queensland.

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