Australia

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Australia may abandon hydrogen exports in favor of green steel – Sanjeev Gupta

The future of the country may lie in the use of DRI in conjunction with electric arc furnaces

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Baowu Steel seeks to expand cooperation with Australia

Major iron ore producers are interested in the proposal of the Chinese company

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Australia raises price forecast for iron ore and coking coal

Prices are currently forecast at $60/t and $140/t FOB for iron ore and coking coal

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World coking coal prices are falling amid low buyer activity

Quotations of coking coal for the week of April 11-18, 2023, in Australia decreased by 7.1%, in China – by 7.4%

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Australia predicts decline in iron ore export earnings in 2023-2024 financial year

The profits of Australian companies will be reduced due to the expected decline in iron ore prices

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Australia increased iron ore exports by 14% m/m in March

59.9 million tons of iron ore were shipped to Chinese consumers in a month

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Liberty Steel ordered electric arc furnace for Australian plant

The company is also planning a direct reduction plant with a capacity of 1.8 Mt

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Australia reduced coking coal exports by 13% m/m in February

On an annual basis, the supply of coking coal fell by 20% in February 2023

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World coking coal prices fell slightly amid high supply

Coking coal quotations for the week of March 6-13, 2023, in Australia decreased by 1.4%, and in China – by 0.6%

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Australia’s mining companies are looking to increase iron ore exports to India

In 2021, India imported 411 thousand tons of Australian iron ore

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Australia extends anti-dumping duties on rebar from four countries

The rate for Greece is 42.1%, for Spain – 6.3%

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