2020 China Coal and Coke Industry Conference, hosted by Dalian Commodity
Exchange, China National Coal Association and China Coking Industry
Association, and organized by Shanghai SteelHome, was successfully held
in Shenzhen on October 21-23, 2020. Around 500 delegates from
governments, associations, steel mills, miners, traders, research
institutes attended one of the biggest events in China coal and coke
Wang Jinsuo, Vice General Manager of Aluminum Corporation of China
delivered a speech themed on “Mongolia’s Coking Coal Market and Its
Outlook”, which was summarizes as follows:
Impacted by the ban on Australian coal imports, Mongolian coal sales in
China increased. Its sales might exceed expectation when Tangshan, East
China and South China market was opened.
As for customs restrictions, there would be more hanging cars in the
future. At the same time, more passageways would be opened up.
It’s expected that coking coal price will be boosted and that on a
long-term contracted basis will also be influenced.
(To contact the reporter on this story: RhettLiu@steelhome.cn or 86-555-2238927 18133440120)