Japan's coking coal imports rose in January as it took more shipments from Australia and the US despite increasing spot prices.
News ID: 8516 Publish Date : 2020/02/27
Vietnam's coal imports increased in January compared with a year earlier, but growth eased from December as electricity generation dipped. And a slowdown in industrial activity because of the coronavirus outbreak could weigh on the near-term outlook for imports.
News ID: 8513 Publish Date : 2020/02/27
India's coal ministry will seek approval soon from the country's federal cabinet to launch the first auction of coal blocks for commercial mining, with the aim of issuing tender documents in the 2019-2020 fiscal year ending on 31 March.
News ID: 8499 Publish Date : 2020/02/26
The National Iranian Oil Refining and Distribution Company (NIORDC) signed a memorandum of understanding (MOU) with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for joint production of sponge and needle coke in two of the country’s refineries.
News ID: 8437 Publish Date : 2020/02/15
After a Jekyll and Hyde year in 2019, and a decade characterised by China’s disruption of the met coal trade, participants can be forgiven for being sick of change. But research firm Wood Mackenzie believes a shift toward consistency and stability is probably too much to ask for in 2020 as China continues to play powerbroker over the seaborne market and spot pricing.
News ID: 8426 Publish Date : 2020/02/07
US coal miner Peabody Energy (NYSE:BTU), the world’s largest privately owned producer of the fossil fuel, reported on Wednesday a fourth-quarter loss of $289.8 million, a notable reversal of fortunes from a year ago, when it posted a profit.
News ID: 8405 Publish Date : 2020/02/06
China’s domestic coal mines are struggling to ramp up production in the face of the ongoing coronavirus epidemic. That’s a situation that may seem positive for seaborne exporters, but in reality it may be challenging for miners to take advantage.
News ID: 8395 Publish Date : 2020/02/06
The world’s biggest miner BHP (LON: BHP) is looking to India’s fast-growing economy and its accelerating steelmaking output as a way to help offset the declining Chinese coal demand in the new decade, The Sydney Morning Herald reported.
News ID: 8295 Publish Date : 2020/01/07
Canadian coking coal producer Teck Resources has signed an expanded commercial agreement with port operator Ridley Terminals to double coking coal throughput capacity from the Prince Rupert, British Columbia export terminal.
News ID: 8266 Publish Date : 2020/01/09
India's coal ministry has identified as many as 40 coal blocks with an estimated production capacity of 150mn t/yr for its maiden commercial coal mining auction to be held before the financial year ends in March.
News ID: 8258 Publish Date : 2020/01/09
Indian coking coal import volumes rose slightly in April-December from a year earlier as steel producers cut production rates in the fourth quarter on weak demand.
News ID: 8250 Publish Date : 2020/01/08
A one-day strike by trade unions in India today has hit output at state-controlled producer Coal India (CIL), potentially curbing the company's broader production plans. But the extent of the impact on production is unclear.
News ID: 8249 Publish Date : 2020/01/08
The Federation of Indian Mineral Industries (Fimi) is seeking the removal of a carbon tax on imports and domestic coal ahead of India's federal budget announcement in February.
News ID: 8243 Publish Date : 2020/01/07
Chinese producer Shanxi Coking Coal has maintained long-term contract prices for low-sulphur coking coal in 2020 after a spate of mine accidents resulted in production cuts that tightened supplies.
News ID: 8152 Publish Date : 2019/12/30
With the average price of US high-volatile type A coking coal at close to $200/t fob Hampton Roads in 2018, bullish mine economics encouraged some US mining firms to increase output or even restart mines.
News ID: 8149 Publish Date : 2019/12/30
President Donald Trump's administration is setting course to rapidly implement changes to energy sector regulations and open new areas to drilling ahead of next year's presidential election.
News ID: 8102 Publish Date : 2019/12/26
Higher South African coal prices are prompting Indian sponge iron manufacturers to look for alternative sources to stay afloat.
News ID: 8082 Publish Date : 2019/12/24
--South African coal exports have witnessed slight decline during the first 10-months of CY’19 (Jan-Oct’19) noted at 64.68 MnT, as against 65.42 MnT in preceding year. Apparently, export volumes have been affected by a tight supply in the domestic market, with buyers offering higher prices than those on the seaborne market which have limited South African coal exposure to exports.
News ID: 8025 Publish Date : 2019/12/16
Poor spot demand in Europe, where several mills have been rolling over fourth quarter term shipments to the first quarter of next year, and high stock levels at US mines continue to put downward pressure on prices.
News ID: 8009 Publish Date : 2019/12/18
Australia's Bounty Mining has halted production at its 1mn t/yr capacity Cook Colliery coking coal mine after struggling to increase output following a roof collapse at the mine in October.
News ID: 8006 Publish Date : 2019/12/18
