Coking coal futures on China's Dalian Commodity Exchange (DCE) soared again on June 1, after authorities of North China's Shanxi province pledged the day before to intensify crackdowns on mine safety violations, a move that reignited market concerns over the supply of this steelmaking material and f

Chinese prices for imported iron ore recorded drops in both spot and futures markets during May 25-29, with rising shipments stoking concerns about growing supply. Meanwhile, prices for metallurgical coke increased in the two markets over the same period. Notably, domestic coke firms attempted to ra

Mongolian coking coal cargoes are anticipated to fill the supply gap in the Chinese market, since the latest safety checks across China's major coal mining hubs are tightening the availability of domestic spot coal cargoes, Mysteel noted.

Chinese prices for imported iron ore continued falling in both spot and futures markets during May 18-22, as the cost support eased with retreating oil prices while steel demand also softened with the arrival of the summer lull season. During the same period, futures prices of China's domestic metal

All 25 coal mines in Qinyuan county, Changzhi city of North China's Shanxi province, were ordered to suspend operations immediately following a fatal accident at a local mine on May 22, Mysteel learned through its latest survey.