China Power and Steel Plants Import Large Amounts of Coal in June, Ignoring Government’s Hope

Published: Jul 26, 2017 10:20

Save

Power and steel plants in China, in order to reduce cost, still imported large amounts of coal from Mongolia and Russia in June.

SHANGHAI, Jul. 26 (SMM) – Power and steel plants in China, in order to reduce cost, still imported large amounts of coal from Mongolia and Russia in June, though the country’s government hopes to reduce coal imports.

NDRC: China Eliminates 111 Mln tonnes of Coal Capacity in H1 2017

China imported 3.71 million tonnes of coal from Mongolia in June, up 58.9% YoY, and imports from Russia expanded 41.7% YoY to 2.57 million tonnes.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

coal price import&export

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

SHFE Aluminum Edged Up After Halting Its Decline, Spot Aluminum Stabilized and Improved [SMM South China Spot Aluminum Daily Review]

13 hours ago

14 hours ago

SHFE Cast Aluminum Alloy Warrants Drop by 2,047 mt to 42,944 mt on March 24

[SMM Flash News] SHFE data showed that as of March 24, the total registered volume of cast aluminum alloy warrants was 42,944 mt, a decrease of 2,047 mt from the previous trading day. By region, the total registered volume was Shanghai (2,755 mt, down 422 mt), Guangdong (17,257 mt, down 210 mt), Jiangsu (4,209 mt, down 813 mt), Zhejiang (13,672 mt, down 483 mt), Chongqing (3,723 mt, down 119 mt), and Sichuan (1,327 mt, increase 0 mt).

14 hours ago

What Could Change if Middle East Aluminum Trade Reroutes—and Supply Becomes Substitutable

Strait of Hormuz disruptions and Iran tensions are driving up aluminum prices and premiums. Aluminium Bahrain and Qatalum have cut output, while feedstock is tight. Rerouting via Port of Sohar or Saudi ports raises costs and delays. Buyers are turning to China, India, Russia, Canada, and scrap to offset risk. Prolonged disruption could reduce Middle East market share and reprice it as higher-risk supply.

14 hours ago