
Coal News & Price Data – March 20, 2024 – The Coking Coal Selloff Continues
Bearish: Premium PLV Hard Coking Coal benchmark prices were down $12/my to $251/mt on Wednesday, March 20, 2024.

Bearish: Premium PLV Hard Coking Coal benchmark prices were down $12/my to $251/mt on Wednesday, March 20, 2024.

China’s coal output is expected to increase 36 mmt, or 0.8%, to about 4.7B tonnes in 2024, slower than last year’s 2.9% growth.

Coal production in Kuzbass, Russia’s main coal-mining region where high-quality coal production is located, fell to 34.2 mmt in Jan-Feb 2024

Ukrainian steel and mining group sold 48% of its metallurgical and mining products in European Union countries in 2023

In October last year WHC emerged as the successful bidder for BHP’s Daunia and Blackwater coal assets (BMA Assets).

Corsa Coal Corp., a met coal producer based in Pennsylvania, recently reported its financial results for 2023.

Total coal traffic (including coking and non-coking) handled at Indian ports stood at 29.79 million tonnes (mnt) in February 2024

The cost of cleaning Elk Valley river from the toxic materials released by Teck Resources’ coal mining could be at least $4.7 billion

Turkey has experienced a significant increase in coking coal imports in January, as evidenced by the latest data.

Prices for Australian metallurgical coal in China that have been weakening since early February have slid further in the past few days

Overnight in Asia, coking coal prices continue to sell off, with PLV down another $1 from Friday to $270/mt.

There’s movement within the top echelons of Taurus Funds Management’s coal mine Foxleigh, bought from Anglo American in 2016