
Chinese Stimulus Dud?
In terms of Chinese economic growth and steel demand, here’s what we know.

In terms of Chinese economic growth and steel demand, here’s what we know.

BTU, ARCH & TECK Earnings

NSW Treasurer Daniel Mookhey is considering increasing coal royalties in the state to obtain a fair return for resources.

Most US coal companies are expected to report lower second-quarter earnings compared to the same period last year and the previous quarter due to lower coal prices.

I had lunch with a met producer sales guy yesterday and while discussing the upcoming domestic sales negotiating season, he mentioned that met buyers (North American end-users) seemingly “have all the power.”

Australian metallurgical coal prices were stable, while CFR China strengthened on higher domestic & increased interest in prompt cargoes.

Bidders in the auction for BHP’s Blackwater and Daunia, are vying to attract five Japanese commodities houses to join their ranks.

With most of the Q2 2023 MSHA coal production numbers in, I think its time to look under the hood and see what’s going on.

Herewith a few points really quick to give you something to chew on in preparation for earnings season in regards to METC, ARCH & BTU.

European natural gas prices rose 3.9% as traders considered extreme heat and concerns over reduced Russian fuel supplies.

Chinese President Xi Jinping made it clear that China will not allow its path to curb emissions to be dictated by others.
