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

In 2021, India imported 411 thousand tons of Australian iron ore
Australia extends anti-dumping duties on rebar from four countries

The rate for Greece is 42.1%, for Spain – 6.3%
Fitch has raised its forecast for Australian coking coal prices in 2023

It is expected that in the current year the price will be $350/t
Australia increased iron ore exports by 6.2% m/m in December 2022

The value of iron ore exports in December increased to $7.42 billion
Australian coking coal prices continue to rise

Market reports indicate potential interest from Chinese buyers
Fortescue increased iron ore shipments by 4% y/y in July-December 2022

In the first half of the 2022/2023 fiscal year, the company shipped 96.9 million tons of iron ore to customers
Coking coal prices from Australia are rising on expectations that China will resume purchases

In 2016-2020, China imported more than 30 million tons of Australian coking coal per year
The Australian Steel Institute is proposing a ban on the export of unprocessed scrap

The export ban will release an additional 800,000 tons of processed scrap metal

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