Manganese ore prices across China are likely to hover at current levels this week and next, ahead of the Chinese New Year holiday over February 11-17, as trading activity in the physical market will taper off and the domestic market will quieten considerably. As of January 27, theprice of South Africa-origin 36.5% gradeMn ore at North China’s Tianjin portwas at Yu...
China’s pig iron production increased by 3.2% on year to 510.86 million tonnes during January-July, with the growth outpacing that of crude steel output at 2.8% over the same period, according to data from the country’s National Bureau of Statisticsreleased on August 14. Growth in hot metal output during the first seven months was also faster than the 2.2% on-...
With the outbreak of novel coronavirus pneumonia worldwide, anti epidemic blockade measures reduced electricity demand and coal consumption, and global coal demand declined sharply in the second quarter of 2020. The International Energy Agency (IEA) recently predicted that global coal demand may fall by 8% in 2020. Global coal production is expected to increase slightly b...
Steel output of the 64 countries under the monthly tracking of the World Steel Association (WSA) contracted 6% on year to 873.1 million tonnes over January-June, with the on-year decline further deepening from the 5.2% fall for the first five months of 2020, indicating the greater impact of the COVID-19, according to the WSA data. “Coronavirus has been exerting profound ...
China’s manganese ore imports over the first half of this year posted a year-on-year drop of 18.3% to reach 12.8 million tonnes, according to the latest detailed data released by China’s General Administration of Customs (GACC) in late July. Chiefly responsible for the plunge was the rapid spread of the coronavirus pandemic worldwide which disrupted Mn ore mining and exports in ...
FMG's Production over Q4 FY20 (unit: million tonnes) Note: Volume references are based on wet metric tonnes (wmt). Product is shipped with about 8-9% moisture.
Chinese coking coal prices are expected to remain essentially stable this month, because although the margins domestic coke makers are earning are high currently, coal price increases will be constrained by the sufficient supply. Coke output curtailment weighs on coal consumption The controls imposed on coke production and the capacity reduction process underway mainly in Shandong an...
China’s large- and medium-sized iron ore mining companies earned a total of Yuan 6.8 billion ($1 billion) from sales of iron ore concentrates over January-May, higher by 20.2% on year, according to the latest survey from the Metallurgical Mines’ Association of China. Improved prices for their concentrates are what did the trick, MMAC data show. Over January-May, Chinese steel mills had...
China's manganese ore imports further declined in May, reaching a 31 month low of 1.57 million tons, down 533000 tons or 25.4% in the previous month, mainly due to the interruption of covid-19 in major manganese mining and exporting countries. According to the U.S. Customs administration, China's imports of manganese ore in may also fell by 53.3% year-on-year. In the first f...
Despite rising temperatures in many parts of China and the parallel rise in demand for electricity for cooling, the quantities of coal consumed by China’s major power plants has actually declined recently, owing to the marked growth of rainfall – particularly in South China – and the consequent increase in water volumes roaring through hydro-electric power plants. ...
On the afternoon of June 1, Wang Yingsheng, Deputy Secretary General of CISA, held a conference call with Melis, global iron ore sales director of Vale group, a Brazilian miner, to discuss the current production and operation situation of vale and relevant measures to deal with the epidemic. Vale said it plans to increase its iron ore production and transportation to China in 2020. ...
For April, China’s total production of raw coal for all applications rose by 6% on year but down 4.5% on month, while coke dipped by 1.3% on year but up 1.4% on month for April, according to the data from the country’s National Bureau of Statistics (NBS), illustrating the contrast in their market situations. For April, China produced about 322 million tonnes of raw coal f...
five Chinese ports grew by 180,000 tonnes or 3.3% on week to reach 5.7 million tonnes as of April 16, bringing an end to the sustained decline over the previous three weeks. The higher coal stocks were largely due to the rise in coal carrier arrivals last week. Among the five ports, Jingtang port in North China accounted for over half of the total imported coking coal stocks and whose volume...
Global data, a data and analysis company, reports that India's iron ore exports are expected to decline by about 25% to 23.3 million tons in 2020 due to a shortage of workers and transportation constraints due to the outbreak of covid-19 and subsequent port closures. However, despite the decline in production in 2020, India's iron ore production is expected to increase at an...
Recently, a representative of Russian Railways told reporters that by 2021, the Russian Railway Company will implement a 25% discount on the export freight of power coal from main mining areas in Russia, especially from Kazakhstan to China and through northwest ports. "The Russian railway company decided to significantly reduce the export freight of power coal in the main mining areas of Rus...
Vale's iron concentrate production fell 21.5% year-on-year to about 302 million tons throughout 2019, mainly due to the collapse of the dam in late January last year, but it is expected to increase to about 340-355 million tons in 2020.
According to the data of the General Administration of Customs of China (GAC) on January 14, China's total import of coal for all purposes increased by 6.3% year on year in 2019, reaching 299.7 million tons.
According to the latest data released by the General Administration of Customs of China, China's iron ore import volume in 2019 is basically the same as that of the same period last year, at 1.07 billion tons, and the total import volume only slightly increased by 4.83 million tons or 0.5% over the same period last year.
China’s imports of manganese ore reversed up in October to reach a five-month high after the decrease over the prior two months, with the tonnage surging 17.1% or 470,000 tonnes on month to total 3.22 million tonnes, according to the latest detailed data released by China’s General Administration of Customs (GACC) on November 23. &...
Chinese silicomanganese (SiMn) prices rose week on week over November 18-22, mainly supported by the increase in prices of their critical raw material, imported manganese ore, These two prices stabized late last week as the markets were waiting for steel mills to bid.
