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Min Li

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Russia will likely ship more coking coal to India and China amid mounting sanctions levied by countries around the world for its war in Ukraine, market sources told Fastmarkets recently.
Export prices for Chinese heavy plate increased in the week to Tuesday March 8 amid active trading, which was partly fueled by fears over tightening supply amid the ongoing Russia-Ukraine war
China’s road to decarbonization caused quite a stir in the steelmaking raw materials segment in 2021, and market participants expect more uncertainties in 2022
Premium hard coking coal fob prices jumped on the latest trade on Friday September 3, indicating a promising outlook for the fob market. And the low-volatility pulverized coal injection (PCI) price in the cfr market soared due to tight supply from Russia, sources said.
Low-volatility pulverized coal injection (PCI) prices in both the fob and cfr market jumped following price gains in coking coal the week to Friday August 27. And a shortage of railway wagons in Russia has delayed the transport of PCI to China, sources said.
Major Indian steelmaker JSW Steel is reducing steel production to ensure that sufficient oxygen is sent from its plants to the healthcare sector to help combat the surge in Covid-19 cases in the country, it said this week.
Nearly two months after Chinese steel mills were verbally notified to halt imports of Australian coal, market participants and industry analysts tell Fastmarkets about the consequences of the ban and their predictions for its future.
Seaborne premium hard coking coal prices in both fob DBCT and cfr Jingtang markets edged up on a daily basis on Friday November 20 although the ongoing restriction from China on Australian coal imports has caused a widening differential between the prices since late October.
Seaborne premium hard coking coal prices edged up on Friday October 30 after a transaction of premium hard coking coal was done at a price slightly higher than yesterday, sources said, adding that the fob market had gained some support.
Mongolia shipped twice as much metallurgical coal to the Chinese market than Australia in September, confirming its position as the key supplier of the steelmaking raw material to China.
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