Arab Steel Summit
Arab Steel Summit
steel Oribis

China Plans to Cap Key Coal Price to Ease an Energy Crisis

China plans to cap the prices of thermal coal sold by mining companies as part of efforts to ease the country’s energy crisis, which has led to periodic blackouts in many parts of China.

The National Development and Reform Commission, the country’s top economic body, aims to set the price of 5500-NAR coal in China at 440 yuan ($69) per ton Sources said.

This plan, which will last until May 1 of next year, needs the approval of the State Council and the Chinese government, and it may be modified, according to the sources.

The National Development and Reform Commission also wants to control the selling prices of coal from the mines, although it will be left to Chinese local governments to set standards that will limit the rise in coal trading prices locally.

Coal importing companies will also receive government support to compensate for their losses as a result of selling imported coal at less than its import prices.



Related News

Arab Steel Summit

Latest News

Arab Iron and Steel Union

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org