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Coking Coal and Coke Futures Dipped Over 4% on Firm Government Regulation | Hellenic Shipping News Worldwide

Following National Development and Reform Commission (NDRC)’s voice emphasising the stability of coal prices yesterday, the NDRC took action again today, planning to carry out survey concerning coal production costs. Coking coal and coke futures continued to dip today on this news. As of 14:10 Beijing time, coking coal was down 3.53% at 2,530 yuan/mt .

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Steel Demand May Still be Pressured This Week | Hellenic Shipping News Worldwide

The market saw sluggish terminal demand and the mixture of bullish and bearish news. Ferrous products prices remained rangebound as a whole last week. In terms of raw materials, the third round of coke price cut was completed, and the prices will meet greater resistance if it were to fall further. The prices of iron .

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Coking Companies Are on the Brink of Losses, But A Fourth Round of Price Cut on the Way?

The third round of coke price cuts was completed this Wednesday, and the constantly falling coke prices have quickly reduced the profits of coking companies. So far, coking companies’ profit has dropped to 29.5 yuan/mt, and there are more coking enterprises having suffered losses. Now comes the question as of whether steel mills will initiate .

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Analysis of Iron Ore Market under Output Reduction of Crude Steel | Hellenic Shipping News Worldwide

The National Development and Reform Commission said on April 19 that they will continue to carry out the nationwide production reduction of crude steel so as to guide steel enterprises to abandon the extensive development method of winning by quantity, and promote the high-quality development of the steel industry. In the process of reducing crude .

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Imported Iron Ore Arrivals at Chinese Ports Dropped Slightly, Shipments from Australia and Brazil Also Fell Slightly

Imported Iron Ore Arrivals at Chinese Ports Dropped Slightly, Shipments from Australia and Brazil Also Fell Slightly
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