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12 Jan
10:10

NDRC signs memoranda to stabilise Chinese coal supply

China's National Development and Reform Commission (NDRC) has signed memoranda of understanding with the China Iron & Steel Association, the China Coal Industry Association (CCIA) and the China Electricity Council according to China Securities. This is to set up mid-to-long term benchmark coal and coking coal pricing systems to stabilise coal prices. The NDRC said at its latest press conference that coal and steel industries’ capacity eli…
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