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Profits of China coal producers surge on capacity cuts

Profits of China coal producers surge on capacity cuts

Chinese coal producers that for years struggled to keep afloat are bouncing back with substantial profit growth as the industry's ongoing downsizing has helped prop up prices and regain a supply-demand balance. Combined profits of large co >>

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  • China's clean energy generation accelerates in first half

    China's clean energy generation accelerates in first half

    http://www.chemnet.com
    More electricity has been generated from clean energy sources in China in the first half of this year, a senior official said Tuesday. The amount of electricity generated from clean energy sources increased by 5.15 percent year on year, e>>>

  • Analysis: China steel mill spreads with iron ore, coal grow

    Analysis: China steel mill spreads with iron ore, coal grow

    http://www.chemnet.com
    China's steel export product spreads with imported raw materials remain on an upward trajectory, as steel prices won sustained support from stronger-than-expected second quarter GDP growth and property markets. Spreads for HRC and rebar >>>

  • 100 Spot Commodities Price Chart - 19/07/2017 07/21

    It was assessed by SunSirs that in the tracked 100 spot commodities,31 commodities increased in prices, 21 fell and 47 remained unchanged on 19/07/2017.The largest rises were Natural rubber (4.42%),Iron o>>>

  • CSX export coal volumes remain robust in second quarter 07/21

    A resilient export market continued to drive CSX's coal business in the second quarter and has led the railroad to improve its outlook on year-end seaborne volumes, according to company officials. The export coal market "remains strong" >>>

  • UK generator Drax looks at conversion to natural gas for rem 07/21

    Drax is considering conversion to natural gas of coal-fired capacity at its North Yorkshire site, the UK generator said Wednesday. Announcing six-month results, Drax chief executive Dorothy Thompson said the company's research and innova>>>

  • South Korea's Hyundai Steel raises bid price for Japanese H2 07/21

    South Korea's leading electric arc furnace mill, Hyundai Steel, raised its bid price Thursday for Japanese H2 ferrous scrap by Yen 2,500/mt from its latest bid on June 27 to Yen 28,500/mt (4/mt) FOB, a source close to the company said. >>>

  • Anglo American's Q2 copper output down 2% to 140,800 mt 07/21

    South African Anglo American produced 140,800 mt copper on a contained metal basis in the second quarter of this year, down 2% on the year and 1% from Q1, the miner said Thursday. Its copper output in the first half of this year was 283,>>>