Links to previous press releases are below.
China to Increase Support for Economy
China announced on 29 April plans to adopt policies to support industries and small firms affected by Covid, Reuters reports, with the Politburo saying China will expand domestic demand, boost investment...
Read MoreIndian Coal Imports
Indian imports of coal fell 2.8 Mt year-on-year to 13.3 Mt in February, the lowest recorded level for February since 2014, according to McCloskey data.
The fall came from a decrease of shipments...
Read MoreJapanese Coal Imports by Source
Japanese steam coal (including anthracite) imports from Australia rose 1.0 Mt year-on-year to 8.1 Mt in March, McCloskey data show, while shipments of the same coal from Russia fell 0.2 Mt to 1.1 Mt.
Imports...
Read MoreWest African crude loadings to Asia rebound in March
West Africa’s crude oil exports to Asia increased by 300K b/d m-o-m to 1.96M b/d in March, rebounding after previously falling to a seven-month low in February, Energy Intelligence reports. Loadings...
Read MoreSingapore’s fuel oil stocks fall to seven-month low
Singapore’s onshore fuel oil inventories tumbled by 3.96M bbls w-o-w to 19.14M bbls during the week ending 27 April, falling to the lowest level since September after reaching a five-week high during...
Read MoreChina Removes Coal Import Tariffs
China will remove import tariffs on all coal between 1 May 2022 and 31 March 2023 the Finance Ministry announced on 28 April as part of efforts to secure energy supplies, McCloskey reports. The tariff...
Read MoreSteel HRB Prices
The US price for hot rolled band (HRB) steel rose $51/t to $1,618/t in the two weeks to 27 April, according to World Steel Dynamics’ Steelbenchmarker. In contrast, the HRB prices in Western Europe and China both fell, down $69/t and $28/t, to a respective $1,400/t and $676/t.
Japanese Steel Exports
Japan’s steel exports reached a twelve-month high of 3.1 Mt in March, however the 1q22 was still 0.2 Mt below the same three-months last year at 8.1 Mt, according to Japan Iron and Steel Federation...
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