Amid an accelerated push for green development, China on Monday decided to cap its annual energy consumption at five billion tonnes of standard coal equivalent this year.

Coal mining companies in Shanxi province are turning smart, safer and more efficient by using the latest 5G technologies.

Spot activity continues to be sporadic in the Atlantic coking coal market, as participants hope that early signs of a stronger third quarter in terms of volumes will be borne out.

The recent production cuts announced by Australian coking coal producers point to even greater cost pressures that their US counterparts are facing.

The Indonesian Coal Mining Association (APBI) has asked its members to cut output by 40mn-50mn t during June-December to prevent a freefall in prices.

The Government should build a retail power price for industrial production firms equal to households and adjust the electricity tariff to suit people’s living standards, experts have said.

Japanese auto manufacturer Mazda is planning to restart two-shift production at all of its four domestic assembly plants in July to gradually restore output from Covid-19 lows.

Spot prices for flat-rolled steel in the US fell again this week as mills struggled to book new spot orders.