Coal news and updates

This year is bringing mixed blessings to China’s domestic coal miners. On the one hand, operations at some mines are being disrupted by the rounds of local- and prefectural government-supervised checks on mine safety procedures, yet the supply tightness resulting from such disruptions is lending strong support to domestic coal prices.

 

Bittersweet or not, recent government meetings indicate that the tough watch being placed on safety issues will continue this year, Mysteel Global noted. Tough checks on mining safety, with above-capacity ops the focus of the blitz A market source in North China’s Shanxi, the country’s largest coal mining province, was candid.