Market Insights
Top news, commentary and analysis on the China steel and other commodities markets.
With the global market still deeply gripped by the on-going Mid-East conflicts, the International Monetary Fund (IMF) has just revised down its global growth forecast for 2026 by 0.2 percentage point from its January prediction to 3.1%, according to its latest World Economic Outlook (WEO) updated on
The ongoing hostilities in the Middle East have led the World Steel Association (WSA) to substantially lower its forecast for growth in global steel demand for this year to just 0.3%, compared with its forecast issued last October for a 1.3% on-year rise.
Dual-listed in Sydney and Hong Kong, Yancoal Australia Ltd. announced on April 14 that it would acquire a controlling stake of 80% in the Kestrel coking coal mine in central Queensland, via a fixed US$1.85 billion cash payment and a coal-price-linked contingent consideration of up to $550 million, a
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