Pullback in US coal stocks – is it an entry point?
December 18, 2024
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Category: Exports
Potential Impact of Longshoremen’s Strike on Coal Exports: Limited Disruptions Expected
September 24, 2024
The looming threat of a strike by the International Longshoremen’s Association (ILA) on 1 October has raised concerns across various industries reliant on U.S. port operations. But while containerships would likely face significant backlogs at U.S. Gulf and East Coast ports, commodities like coal may see minimal impact…
Russian Coal Exports Face Significant Decline in 1H 2024
July 23, 2024
In the first half of 2024, Russian coal shipments saw a notable decrease, falling to 25 million tonnes…
Sasol Increases Coal Exports Amid Decline in Saleable Production
July 22, 2024
Sasol’s coal exports rose by 5% in the 2023-24 financial year (July-June), reaching 2.1 million tonnes (mn t) up from 2 mn t the previous year…
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…
Biden Administration Tightens Steel Import Rules to Boost Domestic Production
July 12, 2024
In an attempt to bolster U.S. steel production and reduce dependency on foreign steel, President Joe Biden has imposed new restrictions on steel imports from Mexico…
Anglo Declares Force Majeure on Grosvenor Deliveries
July 8, 2024
Anglo American has declared a force majeure on deliveries from its Grosvenor coking coal mine in Australia…
US Markets Quiet After Fire at Allegheny Met’s Longview Mine
July 3, 2024
An underground fire that began on June 30 at Allegheny Metallurgical Coal’s Longview Mine in Barbour County, West Virginia, has so far not stirred significant concern in the market. The incident at the mine, which only started operations in late 2023 and has a projected annual output of up to 3.1 million short tons, led to a halt in operations…
Closure of Holt Lock Disrupts Coal Transport on Alabama’s Black Warrior River
June 30, 2024
The U.S. Army Corps of Engineers (USACE), Mobile District, has announced the closure of the Holt Lock in Alabama, cutting off river transportation for Peabody and Warrior…
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…