China’s coking coal imports leap 37% YoY in Jan-Feb
March 26, 2024
China’s imports of coking coal from all origins during January-February 2024 totalled 17.89 million tonnes, logging a jump of 36.5% on year
Category: Met Coal
Upgrades & Downgrades
March 22, 2024
March 23, 2024. Today I’m going to initiate coverage of Coronado Global Resources, CRN.AX.
Coal News & Price Data – March 22, 2024 – Glencore in the news again
March 22, 2024
Investors advocate for Glencore (GLEN.L) to retain coal mining assets, citing financial prospects and environmental benefits.
Summary of Chinese Coal Imports for February 2024
March 22, 2024
Chinese Thermal and Metallurgical Coal Imports – February 2024
Met Coke Prices Drop WoW
March 22, 2024
Indian met coke prices have been recorded at INR 33,500/tonne (t) ex-Jajpur this week. Prices dropped by INR 500/t w-o-w.
M Resources & GEAR plan funding round after $1.65B coal mine buy
March 22, 2024
Australian coal trader M Resources and Singapore’s GEAR plan a funding round after their $1.65-billion purchase of South32’s Illawarra
Glencore Abandons Coal Production Cap
March 22, 2024
Australia’s biggest thermal coal producer, Glencore, has withdrawn a promise to keep annual coal production below 150 million tonnes
More investors push Glencore to keep coal post-Teck deal
March 22, 2024
A growing group of Glencore opens new tab investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit
Fitch Increases Iron Ore & Coking Coal Price Assumptions
March 22, 2024
Fitch Ratings, a prominent international credit rating agency, has updated its financial price forecasts for iron ore and coking coal
Coal News & Price Data – March 21, 2024 – Coking Coal Prices Finally Bottom?
March 21, 2024
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices. China’s declining coking coal and coke production adds to the oversupply. Indian steelmakers adopt a cautious approach ahead of elections.
Coal News & Price Data – March 21, 2024 – Coking Coal Prices Finally Bottom?
March 21, 2024
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices.
Australian Coking Coal Prices Continue Falling
March 21, 2024
Decline in Australian coking coal prices can be attributed Weak global steel demand