
Russia boosts coal exports to China in 2023
In 2023, Russia ramped up coal supplies to China almost 1.5 times to all-time high of more than 100 million tons

In 2023, Russia ramped up coal supplies to China almost 1.5 times to all-time high of more than 100 million tons

European coal-fired power generation fell 3% month on month in December as utilities relied on nuclear and gas to meet rising demand

An almost 30 per cent surge in the iron ore price to above $US140 a tonne has bolstered the prospects for the Australian dollar

The south Asian giant is setting new targets to use more coal, despite committing to transitioning away from fossil fuels.

Russia lifted duties linked to the rouble-dollar exchange rate on coal exports, according to a decree published on the government’s website.

Europe’s largest steelmaker, ArcelorMittal, increased its headline offer for hot-rolled coil (HRC) by €50/t on limited import options

Chinese buyers’ interest in imported thermal coal cargoes is likely to ease from last year’s highs in 2024.

China’s metallurgical coke production reached an estimated 490 million mt in 2023, up 3.6% from 2022.

Indonesian thermal coal exports rose by 7% y-o-y to 360.58 million tonnes (mnt) in CY’23 as against 336.78 mnt in CY’22

Indonesia’s seaborne coal exports increased again from the previous month, an increase of more than 20% YoY.

Severe thunderstorms have caused flash flooding south-west of Brisbane, with the Bureau of Meteorology issuing warnings

China witnessed a continuous expansion of advanced coal production capacity from 2021 to 2023 from robust output and substantial coal imports