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Posco on 16 December secured only about 1,000t of the material, while it planned purchase 5,244t for January delivery.

Exceptionally cold weather and low nuclear availability are likely to have lifted Japanese coal-fired generation to at least a four-year high in December.

China Baowu Steel Group launched 10 major projects in late December in Baowu Wusong Park in Shanghai's Baoshan district.

China's benchmark power coal price rose slightly during the past week.

A slew of ministry-level departments, including those responsible for the environment, earthquake warnings, coal mines and industries, have responded recently to matters of public concern.

Turkish coal-fired power output is likely to remain firm in the first quarter as coal units have extended their price advantage against gas-fired plants.

Russia's government has increased the country's duty on ferrous scrap exports, effective from the end of this month.

US hot-rolled coil (HRC) prices continued their upward march with mills securing higher sales and aiming for even higher levels.