NACCO Industries Announces Fourth Quarter and Full Year 2023 Results
March 7, 2024
NACCO Industries® (NYSE: NC) has announced the following consolidated results for the three months and year ended December 31, 2023.
Author: CoalNewswire
Global capacity growth set to ‘flood’ market with higher emissions steel
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Current trends will increase the gap between global steelmaking capacity and demand further, pushing a “flood” of relatively high-carbon steel
Downtrend persists in European HRC market; production cuts said necessary to balance supply/demand
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Trading remained weak in the European hot-rolled coil market on Wednesday March 6 amid downbeat sentiment among buyers
Russia’s Elga Port
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Russian coking coal producer Elgaugol plans to finish constructing a 530-km rail line to connect the Elga coal mine directly to the Elga port.
Guinea Approves Simandou Iron Ore Mining Project
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The West African state of Guinea recently approved a joint development deal between the government, Rio Tinto/Simfer, and WCS
China’s Jan-Feb foreign trade value at new high
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China’s foreign trade value hit a record high in this year’s first two months, rising by 8.7% on year to Yuan 6.61 trillion
China’s Jan-Feb steel exports surge 32.6% YoY
March 7, 2024
Over January-February this year, China’s finished steel exports surged by 32.6% on year to reach 15.91 million tonnes
US steel industry sees boost from CHIPS Act, infrastructure bills
March 7, 2024
A US law aimed at boosting computer chip manufacturers is providing a lift to steelmakers supplying the construction industry
Nevada Approves Gas-Fired Power Plants Despite Solar Project Delays
March 6, 2024
Nevada regulators approved several proposals from NV Energy, including the conversion of a coal plant to natural gas
US DOE Pushes Coal-to-Nuclear Transition
March 6, 2024
The US Department of Energy’s Office of Nuclear Energy is making a strong push for the adoption of nuclear power as a clean energy source
Ukraine’s Metinvest Pokrovsk Coal commissions new longwall with reserves of 1 mln tonnes
March 6, 2024
Ukrainian coking coal producer Pokrovsk Coal, part of the Metinvest group, has commissioned a new longwall, Ukrainian media reported
Adaro Minerals Report on 2023 Metallurgical Performance
March 6, 2024
Achieved a significant increase in metallurgical coal production in 2023, with volume reaching 5.11 million tonnes, a 52% increase over 2022.