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US Coal Power Plant Retirements Set to Increase in 2025
The United States is poised to see a significant uptick in coal-fired power plant retirements in 2025, dramatically impacting coal demand after a quieter year in 2024.
China NDRC Plans to Reduce CO2 in Steel Industry by 2030
China’s NDRC is launching a new plan which outlines specific goals to decrease energy consumption and enhance efficiency within major steel production processes.
China Coke Producers Push Back on Price Cuts
China metallurgical coke producers are pushing back against price cuts of 50-55 yuan per ton suggested by major steel mills in Hebei province and Tianjin City.
European HRC Producers Consider Raising Prices
European prices for hot-rolled coil (HRC) appear to be showing signs of stability, which is encouraging steel producers there to set the market higher.
Queensland Coal Exports up 8.5% in May
Exports from key Queensland, Australia metallurgical coal ports —Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point, and Gladstone— rose by 8.5% in May.
India’s NTPC to Expand Coal Power Capacity as Demand Grows
Indian utility NTPC has announced plans to issue tenders for approximately 15GW of thermal power generation capacity by March 2027.
Global Steel Exports Rise Amid Steady Production Increase
Global steel product exports saw a significant increase in 2023, climbing 6.4% to 402.8 million metric tons (mt), as per the latest figures from the World Steel Association.
South Africa Coal Exports Surge as Rail Operations Improve
South Africa’s Richards Bay Coal Terminal (RBCT) is set to report an 11% increase in coal exports in the first half of this year, buoyed by enhancements in Transnet’s railway services.
New South Wales Coal Mining Sector Hits Record Employment Levels
The coal mining industry in New South Wales (NSW) is experiencing a significant boom, reaching the highest employment numbers since records began in 1998.
Global Coal Trade Rebounds to Pre-COVID Levels
Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023,
