Tag archives: CC

Australia BHP Coal Mine Workers Set To Vote On Strike 21/09/22

BHP coal mine workers in Australian state set to vote on industrial action   Workers at four mines of the BHP Mitsubishi Alliance (BMA), which owns Australia’s largest metallurgical coal fields, will vote on strike action over working conditions and job security, their union said on Wednesday. The possibility of industrial action at some sites …

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Daily Virtual Steel Mill Report 19/09/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro • Super Central Bank week: Ten countires including U.S. Federal would finalise the interest rate decision during this week. • U.S. Shale oil and gas companies announced European buyers that they can’t provide additional energies in this winter. Once Europe ban on Russia oil …

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China’s Coal Production Hits 3-month Low In August 16/09/22

China’s daily coal output hits 3-month low in August on rains, COVID curbs   China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even shut down due to heavy rainfall and COVID-19 curbs. China, the world’s top coal producer, mined 370.44 …

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Daily Virtual Steel Mill Report 15/09/22

Market Verdict on Iron Ore： Neutral to bullish.   Macro: The Muifa Typhoon entered inland China, while Chinese eastern ports area recovered normal operation after stopped for two days because of Typhoon and heavy rains. U.S. August PPI up 8.7%, est. 8.8%, last 9.8%. U.S. five-year T-bond yield refreshed highest since 2008 at 3.62%. Chinese …

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