Pullback in US coal stocks – is it an entry point?
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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…
In the first half of 2024, Russian coal shipments saw a notable decrease, falling to 25 million tonnes…
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…
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…
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…