Israel will cut its coal use for electricity generation by 17 percent by the end of this year, according to a statement released by the state's Ministry of Energy on Wednesday.

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.

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

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

Steelmakers are still expected to purchase another 50,000-100,000t of July-shipment deep-sea scrap, but almost all of their requirements have been met.