Pricing impacts uncertain for thermal coal, petcoke after Baltimore bridge collapse
March 26, 2024
Thermal coal market participants had mixed views on potential pricing impacts following a major bridge collapse in Baltimore
Author: CoalNewswire
India’s metallurgical coal imports may rise 5% in FY’24 on higher crude steel output
March 26, 2024
Imports of metallurgical coal by India, the world’s second-largest steel producer, are expected to increase by around 5% YoY
Cleveland-Cliffs Secures Federal Support for Green Initiatives
March 26, 2024
In a bold move, Cleveland-Cliffs Inc. has secured a significant financial boost from the federal government for two decarbonization projects
China’s coking coal imports leap 37% YoY in Jan-Feb
March 26, 2024
China’s imports of coking coal from all origins during January-February 2024 totalled 17.89 million tonnes, logging a jump of 36.5% on year
Russia’s presence in China thermal coal market on decline
March 26, 2024
Russian thermal coal’s presence in China has been dwindling in recent months, with the country’s thermal coal shipments taking smaller shares
Summary of Chinese Coal Imports for February 2024
March 22, 2024
Chinese Thermal and Metallurgical Coal Imports – February 2024
Met Coke Prices Drop WoW
March 22, 2024
Indian met coke prices have been recorded at INR 33,500/tonne (t) ex-Jajpur this week. Prices dropped by INR 500/t w-o-w.
M Resources & GEAR plan funding round after $1.65B coal mine buy
March 22, 2024
Australian coal trader M Resources and Singapore’s GEAR plan a funding round after their $1.65-billion purchase of South32’s Illawarra
New Hope positive despite a green legal challenge to its coal expansion
March 22, 2024
New Hope says the outlook for its business is positive despite an ongoing environmental challenge to its Queensland operation.
Glencore Abandons Coal Production Cap
March 22, 2024
Australia’s biggest thermal coal producer, Glencore, has withdrawn a promise to keep annual coal production below 150 million tonnes
More investors push Glencore to keep coal post-Teck deal
March 22, 2024
A growing group of Glencore opens new tab investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit
World Steel Association Figures for February 2024
March 22, 2024
Global crude steel production saw a mixed trend in February, with a year-on-year increase of 3.7%, reaching 148.8 million metric tons