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Following Beijing’s guidance, Shaanxi province’s Administration of Coal Mine Safety in Northwest China has completed a classification of all the province’s coal mines based on their ability to minimize risks in their mining operations and to elevate safety. Among the total, 42 mines hosting a total 163.8 million tonnes/year of raw coal capacity were recognised as having a high degree of safety, according to a recent notification from the administration.
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Shandong in East China has finally caught up with its schedule in eliminating the province’s excess coking capacity, and as of January 10, about 9 million tonnes/year of capacity had been cut, according to Mysteel’s tracking.
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China’s core coal mining province of Shanxi removed about 27.5 million tonnes/year of excess coal mining capacity during the course of last year, via permanently shutting down 18 coal mines with 19 million t/y of capacity in total and reducing by 8.5 million t/y, capacity from six other mines, according to a report by Xinhua News Agency and re-posted by the central government on January 7.
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North China’s Hebei, the country’s top steel-producing province, has vowed to cut another 14 million tonnes/year of iron-making and steel production capacity in 2020, an official from the Hebei Development and Reform Commission confirmed on Wednesday. This year is the last for the province to the meet the target set it by the central government to eliminate a total of 40 million t/y of capacity over 2018-2020, Mysteel Global notes.
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Linyi Iron & Steel Investment Group (Linyi Steel Investment) is getting closer to beginning construction on its 700,000 tonnes/year stainless steel project in Linyi, East China’s Shandong province, with its environmental impact assessment report now under the approval process of the local government’s environmental department, an official with the department confirmed on January 7.
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Lvliang city, home to the largest number of coke plants in North China’s Shanxi province, plans to cut 3.7 million tonnes/year of excess coking capacity at six coking plants under its jurisdiction within this year, according to a recent notification by the city authority overseeing the elimination of excess industry capacity.
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The provincial government of Shandong in East China has proposed another schedule for eliminating inefficient and surplus coke-making capacity in the province after the earlier deadline was missed. However, Mysteel Global estimates that under the revised plan, one less coke plant will be affected and the volume to be scrapped by end-April will be slightly less than that initially targeted for closure.
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China Baowu Steel Group Co (Baowu), China’s top steel producer or the world’s second largest with a 90 million tonnes/year capacity, expressed its intention clearly to directly control the 8.4 million t/y Chongqing Iron & Steel Group (Chonggang) in Southwest China’s Chongqing instead of through an invested arm, which will enable Bawu to be just an inch away from its 100 million t/y target, market pundits shared at the end of 2019.
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Local media reports in North China’s Shanxi province which indicated that Datong Coal Mine Group – owner of the Jiaomeikuang coal mine, scene of Sunday’s fatal accident – has had to temporarily cease operations at its 12 coal mines in Shuozhou city (of which Jiaomeikuang is one), have proven correct. For now, nearly 24 million tonnes/year of coal capacity remains stopped.
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After a rather prosperous 2018, Chinese steel mills have experienced a rather bumpy 2019 with the biggest challenge coming from the soaring raw material costs primarily because of iron ore. The country’s overall steel output in line with substantial growth in demand, nevertheless, still grew substantially with Beijing’s making great efforts to boost domestic demand via infrastructure construction.
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Xiamen Xiangyu Group Co (XMXYG), a state-owned investment conglomerate and Jiangsu Delong Nickel Industry Co (Delong Nickel) are going to commission a 2.5 million tonnes/year stainless steel project as part of their investments in Indonesia in the first half of 2020, a XMXYG company official confirmed on December 26.
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All India Furnace Association (AIFA) organised AIIFA’s 33 National Conference on 23rd Dec'19 in New Delhi. The objective of the conference was to discuss "Most advantageous route of environment friendly steel making through Electric Induction Furnace (EIF) and its global acceptance”.
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Changzhi city in North China’s Shanxi province has formulated a detailed plan to eliminate 6.4 million tonnes/year of excess coking capacity in response to the provincial government’s target released in August, according to a city government notification on December 24.
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China’s top three mining provinces or regions comprising Inner Mongolia and Shanxi province in North China and Northwest China’s Shaanxi province are leading the country’s growth in coal production. Over this year’s January-November, these three hubs accounted for 70.5% of all raw coal mined across China, according to National Bureau of Statistics data published on December 18. The three areas’ share of production was also 1.6 percentage points larger than their share for all of 2018.
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Zenith Steel Group (Zenith), now located in the inland city of Changzhou in East China’s Jiangsu province, has rolled out a detailed first-stage plan to move to Nantong, a coastal city also in Jiangsu around 100km east of Changzhou, a company official has confirmed.
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China’s endeavors for greener production in steel should focus on more scrap feeds in converters instead of aiming to replace blast-furnace (BF) steelmaking with electric arc furnaces (EAFs), Sun Jiansheng, Secretary General of the China Association of Metalscrap Utilization (CAMU), said at the Mysteel Bulk Commodities Week 2020 forum on December 14 in Shanghai.
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The central government body administering China’s steel industry, together with the China Iron & Steel Association, are looking into how to improve steel capacity relocation practices to optimize the steel sector’s industrial structure, officials from both the organizations shared at the Mysteel Bulk Commodities Week 2020 forum held over December 14-15 in Shanghai.
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The growth in the volume of Chinese coal transported by rail to consumers around the country has been far slower than expected and seems unlikely to meet the target set for this year, Li Hua, an analyst with China Railway Economic and Planning Research Institute told delegates attending the Mysteel Bulk Commodities Week 2020 Coal and Coking Seminar on December 13 in Shanghai.
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China’s steel scrap supply and consumption have been and will see sustainable growths in the coming years, with the consumption for 2019 rising to 240 million tonnes from 2018’s 220 million tonnes, or up 9% on year, Feng Helin, vice secretary general of the China Association of Metalscrap Utilization (CAMU), said at the Mysteel Bulk Commodities Week 2020 Scrap Seminar on December 13.
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China’s steel scrap prices may ease in the next couple of months and throughout 2020 in general, though some traders may expect otherwise, according to speakers at the Mysteel Bulk Commodities Week 2020 Scrap Seminar on December 13 in Shanghai.
