Chinese steel producers seek higher coal import quotas
Argusmedia - Economic planners from Hebei province met with private-sector steel producers in north China today to defuse a dispute over remaining coal import quotas for this year held by a small group of steel mills, annoying other buyers unable to clear customs.
Jingtang port has only 2mn t of import quotas left for 2020, far less than the nearly 3mn t of coking coal loaded in vessels queuing at the port. Much of the remaining quotas are controlled by a few mills, which other mills say is unfair. The mills are requesting that vessels queuing be allowed to unload at Jingtang before customs declarations are processed and to increase quota allocations for individual mills.