Coal Traffic at Indian Ports Drop 4% MoM in February 2024
March 19, 2024
Total coal traffic (including coking and non-coking) handled at Indian ports stood at 29.79 million tonnes (mnt) in February 2024
Author: CoalNewswire
New Hope asks NSW for Bengalla Extension
March 19, 2024
New Hope Coal boss Rob Bishop prepares to ask the NSW government for permission to extend its Bengalla coal hub beyond 2037.
Teck’s Elk Valley clean up could cost at least $4.7 billion
March 19, 2024
The cost of cleaning Elk Valley river from the toxic materials released by Teck Resources’ coal mining could be at least $4.7 billion
India’s steel majors to invest billions to meet buoyant local demand
March 19, 2024
Indian steel producers, including JSW Steel and Tata Steel are expected to invest billions in a capacity increase to meet rising demand
India Auctions 13 Commercial Coal Mines to Cut Imports
March 19, 2024
India has successfully auctioned 13 commercial coal mines, under its eighth and ninth rounds, in an attempt to ramp up domestic output
Americas steel industry optimism fails to extend to Europe
March 19, 2024
Klöckner & Co is less optimistic about the outlook for the European market than for North America, which is expected to perform strongly.
EU market participants call for production cuts to support HRC prices
March 19, 2024
European mills producing hot-rolled coil are expected to cut their output as a lack of real end-user demand has forced prices downward.
Surge in Turkey’s Coking Coal Imports for January 2024
March 19, 2024
Turkey has experienced a significant increase in coking coal imports in January, as evidenced by the latest data.
China’s BF capacity slips further to 82.58%
March 19, 2024
The blast furnace (BF) capacity utilization rate slid for the fourth straight week to reach 82.58% during March 8-14, lower by another 0.53
Australian met coal prices fall as China purchases cool
March 19, 2024
Prices for Australian metallurgical coal in China that have been weakening since early February have slid further in the past few days
New Hope Group Announces Interim Financial Results
March 18, 2024
New Hope Group, a coal mining company, has released its financial results for the half year ended 31 January 2024.
Tightening Thermal Coal Supply Underpins Prices
March 18, 2024
European coal prices would likely draw further near-term support from signs of a tightening market and lingering Asian demand