Coal Capacity | Mysteel Global

Capacity

Date:

Shaanxi recognizes 42 coal mines with good safety records Jan 15, 2020

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.
Shanxi cuts 27 million t/y excess coal capacity in 2019 Jan 09, 2020

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.
Hebei to cut another 14 mln t/y steel capacity in 2020 Jan 09, 2020

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.
FEATURE: Chonggang - Baowu’s next merger target Jan 02, 2020

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.
UPDATE: Datong Coal ordered to idle all Shuozhou mines Dec 31, 2019

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.
WRAP-UP: Ten major news in China 2019 steel market - 2 Dec 31, 2019

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.
White paper to reduce tax burden on steel sector Dec 27, 2019

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”.
China’s top three mining provinces supply more coal Dec 18, 2019

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.
Zenith reveals 1-stage plan to move to coastal Nantong Dec 17, 2019

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.
CONF: China to finetune steel mill relocation planning Dec 16, 2019

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.
CONF: Growth of coal delivery by rail slower than planned Dec 16, 2019

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.
Shagang revises steelmaking facility upgrading plan Dec 13, 2019

Shagang Group, China’s largest private steel producer in East China’s Jiangsu province, has revised its steelmaking facility upgrading plan by adding a 90-tonne electrical arc furnace (EAF) to be scrapped in exchange for a 130-t EAF in the latest notice for public review over December 12-18, an official from the Industry and Information Technology Department of Jiangsu (Jiangsu IITD) confirmed on Thursday.
NBS: Advanced capacity backs China’s coal output growth Dec 11, 2019

China’s production of raw coal for all uses from all coal mines nationwide increased by 4.9% on year to reach 3.7 billion tonnes for 2018, making for a second straight year of growth in coal production, according to a new report from the National Bureau of Statistics (NBS) on December 9.
Jinxi Steel buys more quotas for Fangchenggang relocation Dec 06, 2019

Hebei Jinxi Iron & Steel Group (Jinxi), China’s leading section steel producer headquartered in Beijing, has secured another 1.35 million tonnes/year steel capacity for its final location to the Fangchenggang city, Southwest China’s Guangxi with a 10 million t/y greenfield steelworks, a company official confirmed on December 5.
Rizhao Steel to add on 5 million t/y ironmaking capacity Dec 05, 2019

Rizhao Steel Holding Group Co, a privately-owned steel producer in East China’s Shandong province, will add on 5 million tonnes/year ironmaking capacity via building two 3,000 cu m blast furnaces, a company official confirmed on December 4.
China Xinya starts work on Indonesia flat products mill Nov 29, 2019

Bazhou City Xinya Metal Products Co (Xinya), a flat strip and tube maker headquartered in Langfang city in North China’s Hebei province, has started constructing its 1.5 million tonnes/year flat products works in Indonesia, which it expects to commission at the beginning of 2021, a company official supervising the project told Mysteel Global on November 29.
China’s retreat from fossil fuel for power quickens Nov 29, 2019

Power generation from non-fossil energy sources across China picked up speed over January-October, with the growth of all major renewable energy sources outpacing that of thermal electricity generation, according to a report by the China Electricity Council (CEC) on November 27.
China’s Shagang to swap for 4 million t/y new capacity Nov 22, 2019

Industry and Information Technology Department of Jiangsu is collecting public feedback over November 20-27 regarding the proposal from Shagang Group, its largest local steel mill to trade in eight old small-sized blast furnaces for two 2,350 cu m blast furnaces or 4 million tonnes/year steel capacity according to a bureau’s notice, which is for lower emission and at the same time cost effectiveness.
FEATURE: Views mixed on Jingye-British Steel proposal Nov 08, 2019

Steel market sources in and out of China are divided on the recent news that Jingye Group, a privately-owned rebar maker in North China’s Hebei province, is mulling to acquire British Steel, arguing possible new markets will also bring along a series of uncertainties.
Vietnam’s Hoa Phat commissions No.1 converter Oct 16, 2019

Hoa Phat Group, the largest steel manufacturer in Vietnam, has hot commissioned the second of four converters that will form the core of the company’s new 4 million tonnes/year steel works under construction at Dung Quat in Quang Ngai province in South-central Vietnam.

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Product	Grade	Size	Price	Chg	Port
Billet	3SP/Q235	150*150	490	0	Tianjin
Rebar	HRB400	20*12	500	-10	Tianjin
HRC	Q235B	5.51500C	518	-15	Talian
Plate	Q345B	1218002000	515	-20	Tianjin
CRC	SPCC	1.0*1250	535	0	Tianjin
Galvanized	SGCC	0.31000C	665	0	Tianjin

Capacity

Shaanxi recognizes 42 coal mines with good safety records Jan 15, 2020

Shanxi cuts 27 million t/y excess coal capacity in 2019 Jan 09, 2020

Hebei to cut another 14 mln t/y steel capacity in 2020 Jan 09, 2020

FEATURE: Chonggang - Baowu’s next merger target Jan 02, 2020

UPDATE: Datong Coal ordered to idle all Shuozhou mines Dec 31, 2019

WRAP-UP: Ten major news in China 2019 steel market - 2 Dec 31, 2019

White paper to reduce tax burden on steel sector Dec 27, 2019

China’s top three mining provinces supply more coal Dec 18, 2019

Zenith reveals 1-stage plan to move to coastal Nantong Dec 17, 2019

CONF: China to finetune steel mill relocation planning Dec 16, 2019

CONF: Growth of coal delivery by rail slower than planned Dec 16, 2019

Shagang revises steelmaking facility upgrading plan Dec 13, 2019

NBS: Advanced capacity backs China’s coal output growth Dec 11, 2019

Jinxi Steel buys more quotas for Fangchenggang relocation Dec 06, 2019

Rizhao Steel to add on 5 million t/y ironmaking capacity Dec 05, 2019

China Xinya starts work on Indonesia flat products mill Nov 29, 2019

China’s retreat from fossil fuel for power quickens Nov 29, 2019

China’s Shagang to swap for 4 million t/y new capacity Nov 22, 2019

FEATURE: Views mixed on Jingye-British Steel proposal Nov 08, 2019

Vietnam’s Hoa Phat commissions No.1 converter Oct 16, 2019

Daily Prices

Prices Summarization

FOB prices of steel products on August 6