Met Producer Share Price Action
In terms of metallurgical coal equity share price action, it has been pretty exciting to say the least as they’ve rallied.
Met Coal
Met Market Update
Why is met rallying? Supply has become incrementally tighter and demand coming out of the summer doldrums is picking up again.
Met Market Update
US domestic met coal market is currently facing several challenges, with the UAW strike looming on the horizon.
BHP’s Steel & Met Outlook
Lets go through BHP’s Economic and Commodity Outlook, pull out/summarize the important highlights and provide my thoughts on various topics.
US Coal Outlook
July’s high summer temperatures and heatwaves in many parts of the country led to increased thermal coal burn.
Annual Met Contract Pricing Discussion
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.”
Note on Met Coal & Steel Markets
With Australian PLV trading at a premium to CFR China, the arbitrage for Australian coal into China remains firmly closed.
Market Updates
Market Updates: Steel sector has moved past the hype-cycle of a Chinese reopen boom and is settling into a new reality.
Steel & Met Market Update
Construction weakness & seasonal influences in China & overcapacity of steel production and oversupply of finished steel the country.