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Coal News Coal Markets, Russia

Russian Coal Industry Faces Mounting Challenges in 2024 Amid Declining Exports and Production Shifts

August 27, 2024

Russian coal producers continue to grind through a turbulent 2024, marked by a slight overall decline in output and a significant drop in coal exports. From January to July 2024, total coal production across Russia has declined modestly to 250.6 million tons (Mt), down just 1.9 Mt or 0.8% year-on-year. Exports have struggled, however, falling sharply to 105.8 Mt, a decrease of 11.2 Mt or 10% compared to the same period in 2023…

CSX Curtis Bay Coal Terminal Incident Causes Shipping Delay

August 19, 2024

A significant mechanical failure at CSX’s Curtis Bay coal export terminal near Baltimore has led to a temporary halt in coal loading operations. According to shipping agencies in the region, it will take at least two weeks to repair or replace the damaged machinery…

Coal Mining Coal Stockpile West Virginia

Thermal Coal Markets Run As Met Retracts

August 13, 2024

There has been a huge shift in momentum from the met coal side to the thermal coal side over the last few weeks as we reported in our $CEIX earnings preview last week. And having just returned from the West Virginia Coal Association’s Annual Meeting at the Greenbrier, I can confirm that attitudes are cautiously optimistic about a solid back half of the year…

Coal Mining Steel HRC Europe

EU’s Anti-Dumping Probe on Hot-Rolled Steel Sparks Global Reactions

August 12, 2024

The European Union’s recent initiation of an anti-dumping (AD) investigation into hot-rolled flat steel imports from Egypt, India, Japan, and Vietnam has triggered significant responses from global market participants. Concerns are rising over the potential impact on supply chains and pricing across the steel industry…

Q2 Earnings Preview – AMR

August 5, 2024

In this post, we take a look through our current projections for AMR’s Q2 earnings and the process of how we build them up…

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