Possible Sale of Hüttenwerke-Krupp Mannesmann (HKM) Steel Mill on the Horizon
July 12, 2024
Hüttenwerke-Krupp Mannesmann (HKM), the largest steel mill in the Duisburg complex in Germany, could soon be up for sale…
Category: Europe
Coal News & Price Data July 12, 2024 – German Government Maintains 2038 Coal Phase-Out Despite Push for Earlier Exit
July 12, 2024
The German government, led by Chancellor Olaf Scholz’s coalition, has confirmed it will not advance its coal phase-out deadline from 2038 to 2030, despite previous intentions signaled by the coalition partners…
Global Thermal Coal Markets Shift Sideways as Supply, Demand Fluctuate
July 8, 2024
The global thermal coal market has experienced a noticeable fluctuation in prices and demand over the past week, with key developments shaping the sector’s dynamics…
Coal News & Price Data July 5, 2024 – Mine Fires Reignite Met Market Interest
July 5, 2024
Holy supply disruptions, Batman. Not one, not two, but these THREE separate incidents are going to tighten up metallurgical coal markets over the next month or so…
Coal News & Price Data – May 26, 2024 – CSX Resumes Coal Shipments from Baltimore After Key Bridge Disaster
May 26, 2024
After being unable to export coal with the Port of Baltimore’s main channel blocked in the wake of the Francis Scott Key Bridge disaster, the CSX railroad said its terminal here has resumed coal shipments and expects to be back to normal early next week…
Seaborne Thermal Coal Prices Tumble
October 31, 2023
European natural gas inventories are basically 99% full ahead of the mandated filling target of 90% capacity by November 1.
Coal News & Price Data – July 21, 2023 – European Gas Markets Heat Up
July 21, 2023
European natural gas prices rose 3.9% as traders considered extreme heat and concerns over reduced Russian fuel supplies.
Coal News & Price Data – July 20, 2023 – Xi Refuses to Meet with Kerry
July 20, 2023
Chinese President Xi Jinping made it clear that China will not allow its path to curb emissions to be dictated by others.
Coal News & Price Data – July 7, 2023 – Dry Bulk Facing Challenges in Q3
July 7, 2023
The dry bulk shipping market is expected to face challenges in the third quarter due to China’s sluggish economic recovery and weak commodity demand.
Coal News & Price Data – July 5, 2023 – New LNG Storage Hub
July 5, 2023
Novatek’s first floating transfer hub for LNG arrived in the Russian Arctic after a journey from South Korea & will export LNG to Europe.
Thoughts on Thermal Coal
June 21, 2023
European coal price have found a footing in the $110-120/mt range as natural gas supply sees uncertainty in absence of Russian flows.
South African Transnet Strike
October 12, 2022
South African Transnet Strike at South Africa’s port and freight rail operator Transnet began on October 6 and is set to worsen.