Coal News & Price Data – October 21, 2024
Coal News & Price Data – Oct 21, 2024
Employees of the Inskaya mine in the Kemorovo region of Russia have resorted to a hunger strike, protesting the non-payment of wages for four months…
Metinvest, who owns the Pokrovske coking coal mine, discusses their mitigation strategy should Russian forces take control of the operation…
Coal News & Price Data – October 17, 2024
Russian troops now within 12 kilometers of the Pokrovske coal mine, the loss of which could deal a severe blow to Ukraine’s steel sector…
Russian Railways (RZD) has announced it will not extend its agreements with key coal-mining regions regarding eastbound coal exports in 2025, potentially triggering a significant decline in coal production and export volumes…
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…
A rundown of the week’s news and price assessments…
In the latter half of 2024, the global market is anticipated to experience a significant shortage of Russian High-CV coal as exports continue to decline…
Met coal prices are down again, but by less as the deceleration continues leading into August as market participants wait on their saviors in India…
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…
In the first half of 2024, Russian coal shipments saw a notable decrease, falling to 25 million tonnes…