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600 news items in Coking coal. Show all
The enforcement of a new mining cess, or tax, by some states, following a Supreme Court ruling, may exacerbate cost pressures for the domestic steel industry, according to rating agency ICRA. On August 14, the Supreme…
Iron ore futures fell on Friday as weak fundamentals weighed on market sentiment. Chinese steel mills faced pressure from weak margins, leading to output cuts that further darkened the demand outlook for iron ore…
Iron ore futures continued their upward trend on Thursday, driven by recent property-supportive measures, though long-term demand concerns remain. The National Financial Regulatory Administration (NFRA) reported that…
Whitehaven Coal has announced separate binding agreements to sell a 20pct stake in the Blackwater coal mine to Nippon Steel Corporation and a 10pct stake to JFE Steel Corporation for a total of USD 1.08 bln. The deals…
Dalian iron ore futures extended gains on Tuesday, driven by hopes for improving steel demand, though concerns about long-term demand remain. Analysts noted a decline in steel inventories at major Chinese warehouses…
Dalian iron ore futures posted gains on Monday, recovering from earlier losses as expectations of improved steel demand supported the market, although long-term demand concerns persist. Analysts noted that better…
Iron ore futures fell for a fifth consecutive session on Friday as a bearish demand outlook continued to weigh on market sentiment. Iron ore futures also dropped 6pct compared to the previous Friday's morning session…
Iron ore futures extended their losses on Thursday, driven by weak steel production data and concerns about demand. China's crude steel output fell by 9pct YoY to 82.9 mln tons in July and dropped 9.5pct compared to the…
Iron ore and steel futures fell sharply on Wednesday, driven by disappointing credit data that heightened concerns about demand. China's bank lending dropped to its lowest level in nearly 15 years, affected by weak…
Iron ore futures remained steady on Tuesday, with the key steelmaking material continuing to face pressure due to weak demand. Many Chinese steel mills are experiencing losses and reducing output through maintenance as…
Iron ore futures declined on Monday as persistent weak fundamentals continued to weigh on market sentiment. The majority of Chinese steel mills are cutting production to mitigate losses due to weak downstream steel…
India's JSW Steel Limited's Board of Directors has approved the acquisition of up to 66.67pct economic interest in M Res NSW HCC Pty Ltd for USD 120 mln through its wholly owned subsidiary, JSW Steel (Netherlands) B.V…
Iron ore futures recovered on Friday, helped by improved economic data, though concerns about weak demand persist. China's consumer price index (CPI) rose by 0.5pct YoY in July, according to the National Bureau of…
Iron ore futures fell on Thursday, pressured by weak steel demand and market sentiment. Persistent sluggishness in downstream steel demand has led steel producers to cut output, reducing iron ore demand. Additionally, a…
Jindal Steel & Power Limited (JSPL) has strategically diversified its coking coal sources to manage geographical risks and reduce cost pressures, the company announced. This move supports India's goal of reaching 300…
Swiss multinational commodity trading and mining company, Glencore has abandoned plans to separate its coal division, a move announced after acquiring a 77pct stake in Elk Valley Resources (EVR). The decision came after…
Iron ore futures extended their losses on Wednesday due to a dim demand outlook driven by weak steel demand. Analysts expect that reduced steel profitability may lead mills to cut operations and limit production. Rising…
Iron ore futures fell on Tuesday as market sentiment was dampened by lower production figures and persistently weak steel demand. Daily crude steel output among China Iron and Steel Association (CISA) member mills…
Iron ore futures gained on Monday, supported by expectations of stimulus measures from Beijing and an improved outlook for steel demand. China's services sector saw accelerated growth in July, driven by new orders…
Iron ore futures gained on Friday amid hopes for additional stimulus measures from Beijing, though concerns about demand remained. The market anticipates new stimulus following weak Chinese manufacturing data released…
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