US Steel loses money in Q4 2023
February 5, 2024
Pittsburgh-based United States Steel reports a fourth-quarter 2023 net loss of $80 M, which contrasts with Q4 2022 net earnings of $174 M
Author: CoalNewswire
India thermal coal imports down 11% MoM in January
February 5, 2024
India’s thermal coal imports in January 2024 dropped by 11% m-o-m to 13.65 million tonnes (mnt), as per CoalMint data.
Indonesian coal demand expected to remain strong in 2024
February 5, 2024
Recently, executives of large Indonesian coal companies said that Indonesia’s coal demand is expected to remain strong in 2024
Hampton Roads volumes up 12% in 2023
February 5, 2024
In 2023, coal exports from Hampton Roads terminal in Virginia, the United States, increased to a 5-year high, reaching 35.5 million short tons
MC Mining Takeover Offer: Investors Advised to Wait as Minority Share Price Jumps
February 5, 2024
Australian coal company MC Mining has received a A$65.2m ($42.3m) takeover offer from a group representing 64.3% of its shareholders
Gov. Jim Justice Is Beloved in West Virginia, Just Not by His Creditors
February 2, 2024
Jim Justice is arguably West Virginia’s most popular politician and most prominent businessman…
Thungela desperately needs Transnet to lift its game this year
February 2, 2024
Export coal sales through Richards Bay Coal Terminal, South Africa’s largest coal handling facility, were just over 50 million tons last year
Thungela sets up office in Dubai
February 2, 2024
THUNGELA to market its coal production from Dubai after establishing a sales company with the emirate’s Dubai Multi Commodity Centre Authority
MC Mining’s JSE share price spikes on receipt of bidder’s statement
February 2, 2024
The JSE share price of South Africa-focused coal miner MC Mining rose by 26% on the afternoon of February 2,
Transnet says rail volumes recovered slightly in the last quarter of 2023
February 2, 2024
Transnet Freight Rail (TFR) says it experienced an improvement in rail volumes in the last quarter of the 2023 calendar year,
China’s BF capacity use largely stable at 83.57%
February 2, 2024
The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers changed little on week at 83.57%
China’s met coal prices seen rangebound in Feb
February 2, 2024
Chinese prices of metallurgical coal are expected to hold largely steady until mid-February as market trading will slip to a standstill