【煤炭开采】新版《煤矿安全规程》发布，安监形势仍然趋严——行业周报（2025.8.11~2025.8.17）（李晓渊/蒋山）

Core Viewpoint - The article discusses the recent developments in the coal industry, highlighting stricter safety regulations, rising coal prices, and the current operational status of coal mines and inventories. Group 1: Safety Regulations - The newly released "Coal Mine Safety Regulations" includes 34 chapters and 777 articles, with 56 new articles and 353 substantial modifications compared to the previous version, marking a significant overhaul [4] - The revision aims to address safety management issues within coal enterprises, particularly the "shoddy management" problem [4] - Current safety inspection conditions remain stringent, as indicated by the low capacity utilization rates of coal mines [4] Group 2: Coal Prices - The average closing price of thermal coal at Qinhuangdao Port reached 692 RMB/ton, an increase of 18 RMB/ton (+2.61%) week-on-week [5] - The average price of thermal mixed coal in Yulin, Shaanxi, was 547 RMB/ton, up by 4 RMB/ton (+0.74%) [5] - The FOB price of thermal coal in Newcastle, Australia, was 69 USD/ton, reflecting a week-on-week increase of 2.05% [5] - In contrast, European natural gas futures and Brent crude oil prices saw declines of 3.68% and 1.11%, respectively [5] Group 3: Operational Status - The capacity utilization rate of 462 thermal coal mines was 93.9%, showing a week-on-week increase of 0.54 percentage points but a year-on-year decrease of 1.57 percentage points [6] - The operating rate of 523 coking coal mines was 83.7%, down by 0.19 percentage points week-on-week and down 7.14 percentage points year-on-year [6] - Daily average pig iron production remained high at 240.73 million tons, with a year-on-year increase of 5.3% [6] Group 4: Inventory Levels - As of August 15, coal inventory at Qinhuangdao Port was 5.67 million tons, up 3.66% week-on-week and 5.78% year-on-year, indicating high inventory levels [7] - The total coal inventory at ports in the Bohai Rim was 23.635 million tons, down 4.15% week-on-week and 4.64% year-on-year, but still at high levels [7] - Independent coking plants had a coking coal inventory of 8.2941 million tons, down 0.40% week-on-week, while sample steel mills held 8.058 million tons, down 0.35% week-on-week, both at normal levels for this time of year [8]