Market Insights
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A privately owned underground thermal coal mine in Changzhi city in North China's Shanxi province, suspended operations after a roof fall accident on the morning of July 6 left one worker dead, Mysteel Global learned from local sources.
Outbound shipments of coal for all uses from Gladstone port in Queensland, Northeast Australia, reached 6.36 million tonnes in June, the highest monthly volume during this year's first half, the latest data from Gladstone Ports Corporation (GPC) show.
Billet prices in Tangshan in North China's Hebei province fluctuated within a narrow band during June 29-June 5, with Mysteel assessing the price of Q235 150mm square billet in the city at Yuan 2,960/t ($436/t) EXW and including the 13% VAT on July 5, unchanged on week.
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