Vale cuts production guidance again

BHP is one of the world's largest exporters of iron ore and hard coking coal. It also ships thermal coal and copper.

Integrated steelmaker ArcelorMittal is taking a planned outage at one of the blast furnaces at its Burns Harbor mill.

Overall Russian coal output fell in the first quarter of this year, but some coking coal mining firms raised output.

Gladstone, DBCT, Hay Point and Abbot Point operated at a combined utilisation rate of just 75pc in 2019 and the distribution was uneven.

The company did not provide a new figure. The guidance was previously revised downwards from an initial 10mn t.

[Ferro-Alloys.com] SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but the onset of the COVID-19 pandemic had delayed a review of the South African manganese smelt...

[Ferro-Alloys.com] Responded to market conditions to maintain the financial strength of our business by suspending the remaining US$121M of our current on-market share buy-back program and lowering FY20 sustaining capital expenditure guidance, including equity...