MYSTEEL: Impacts of China's coal overproduction crackdown on met coal market

China initiated wide inspections across major coal hubs in the second half of this year to tackle excessive production in the sector, with evolving speculation surrounding the intensity and implementation scope of the policy constantly reshaping the domestic metallurgical coal market.

Immediate impacts limited in July A clear signal of the policy came in July when China's top energy regulator ordered strict investigations across eight major coal-producing provinces and regions, namely Shanxi, Inner Mongolia, Anhui, Henan, Guizhou, Shaanxi, Ningxia and Xinjiang, and asked local authorities to report whether mines' coal output