Q2 Earnings Preview – ARCH
July 24, 2024
First up for the US coal boys on Q2 earnings is ARCH -0.85%↓ who reports tomorrow (7/25/24) and will likely set the tone that the rest of the industry will have to meet or improve upon…
Category: Met Coal
ArcelorMittal Poland Permanently Closes Krakow Coke Production
July 23, 2024
ArcelorMittal Poland (AMP) announced the permanent closure of its remaining coke battery at the Krakow plant…
Kuzbass Coal Production Faces Decline Amidst Sanctions and Logistic Challenges
July 23, 2024
In the first half of 2024, coal mining enterprises in Kuzbass produced 102.8 million tonnes of coal, marking a 5.5% year-on-year decline…
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…
Market Dynamics: European Thermal Coal and Global Coal Markets
July 23, 2024
A rundown of recent price action in global coal markets…
Coal News & Price Data July 23, 2024 – Met Prices Soften Further as China Steel Exports Climb
July 23, 2024
Met coal prices continue to weaken, but have finally begun to decelerate as we approach August and the return (hopefully) of Indian end users to the spot market…
South32 Nears Exit from Coal Operations with Sale of Illawarra Mines
July 22, 2024
South32 fell 2% short of its coking coal production target of 4.4 million tonnes at its Illawarra coal operations in the 2023-24 fiscal year…
India Overtakes China as Leading Steel Developer, Faces Environmental Challenges
July 22, 2024
India has surpassed China to become the world’s leading developer of steel, with a pipeline capacity of 258 million tonnes per annum (mtpa), according to a recent report by Global Energy Monitor (GEM)…
Coal News & Price Data July 20, 2024 – Whitehaven Coal Reports Strong Q1 FY24 Production, Successful Integration of Acquisitions
July 20, 2024
Whitehaven Coal reported a solid quarter with saleable coal production coming in at 4.0Mt, while sales of 3.2Mt were impacted by initial rail logistics delays, which have since been resolved…
India Continues to Explore Mongolian Import Options
July 20, 2024
India’s increasing dependence on imported coking coal has led the government to seek to diversify its sources, including exploring imports from Mongolia in a broader strategy to avoid over-reliance on any single country…
Yancoal Reports Steady Q2 2024 Production and Market Performance
July 20, 2024
Yancoal reported attributable coal sales reached 8.6 million tonnes, exceeding attributable saleable coal production by 0.4 million tonnes in Q3 2024…
Anglo American Reduces 2024 Coal Production Guidance Amid Grosvenor Halt
July 20, 2024
Anglo American has revised its 2024 metallurgical coal production guidance downward from 15-17 million tonnes (Mt) to 14-15.5Mt…