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China’s crude steel production shot up to a new record high in May on an uptick in demand from construction and manufacturing sectors...
China will continue to reduce its outdated production capacity of coal and steel this year, the country’s top economic planner said Thursday.
U.S. coal consumption has been declining since its peak in 2007 of 1.1 billion short tons.
Global coal prices collapsed in recent months as the global lockdown took its toll on power demand around the world.