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Thursday, 17 November 16
CHINA STEEL EXPORTS TO REMAIN HIGH IN 2017, FITCH SAYS
Fitch RatingsFitch Ratings expects Chinese steel exports to remain at around 100 million metric tons (Mt) in 2017, due to flat 'apparent' consumption and slow capacity rationalisation.

Fitch expects Chinese apparent steel consumption to remain between 700 - 705 million Mt, reflecting decelerating property growth, stable infrastructure investment growth, and a favourable outlook for Chinese automobile and appliance consumptions. On the other hand, we expect capacity rationalisation to remain a key theme of the sector, with a target of 14 million-27 million Mt per annum until 2020. As a result, exports should remain high in 2017 as Chinese producers continue to benefit from a cheaper yuan and lower raw-material prices.

Fitch also expects additional state-backed consolidation in the next few years as government executes its plans for supply-side reform, leading to potentially enhanced government linkages between these companies and the state.  


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Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA. ...


Wednesday, 07 December 16
IT'S BEEN YET ANOTHER TURBULENT COUPLE OF DAYS..... - GEORGE LAZARIDIS
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Monday, 05 December 16
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Monday, 05 December 16
THE DECEMBER 2016 HBA HITS TO ITS HIGHEST LEVEL SINCE MAY 2012
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Monday, 05 December 16
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