Experts cite dwindling steel demand for NMDC’s sharp cut in iron ore prices

State-controlled mineral producer NMDC Ltd has cut down iron ore prices by about Rs 500 a tonne for both lumps and fines, effective April 4. Experts say that the move comes in the backdrop of falling steel prices brought on by lower offtake, They believe the price reduction may encourage buyers to...

https://www.hellenicshippingnews.com/experts-cite-dwindling-steel-demand-for-nmdcs-sharp-cut-in-iron-ore-prices/

Platts market on close shows commodity markets functioning despite COVID-19

A key question for any market during times of uncertainty and volatility is what is happening to liquidity? Over recent weeks commodity prices, and particularly oil markets, have seen unprecedented volatility. Although the forward view may become clearer, there is still huge uncertainty around...

https://www.hellenicshippingnews.com/platts-market-on-close-shows-commodity-markets-functioning-despite-covid-19/

Is China embarking on a major expansion of coal-fired power generation?

As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of the 14th five-year plan early next year, recent announcements from several key players in the country’s power sector indicate China is considering a...

https://www.hellenicshippingnews.com/is-china-embarking-on-a-major-expansion-of-coal-fired-power-generation/