Category archives: Products

Daily Virtual Steel Mill Report 30/06/22

Market Verdict on Iron Ore： • Neutral.   Macro • Reuters: a market source indicated that G7 has initiated talks with China and India regarding to the price ceiling on crude oil from Russia. • China June official PMI 50.2, est. 50.5, last 49.6.   Iron Ore Key Indicators: • Platts 62%: $123.20 (-1.80) MTD …

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China’s Biggest Coal Region Raises Anuual Output To Ensure Power Supply 30/06/22

China’s Top Coal Region Expands to Prevent Another Power Crunch   China’s biggest coal-mining region will shoulder much of the increases in capacity demanded by the government to forestall another national power crisis. The northern province of Shanxi has pledged to add 107 million tons this year, over a third of the country’s target, which …

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