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US Coal Exports Expected to Rise in 2024
The United States is projected to increase its coal exports to 102.6 million short tonnes in 2024, up by 2.8% from the previous year, according to the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook…
Australia-China Relations: A Step Toward Reconciliation
Chinese Premier Li Qiang’s recent visit to Australia marks a pivotal moment in thawing the frosty relations between the two nations…
Expanded US Sanctions Deepen Strain on Russian Coal Industry
he United States Treasury Department has broadened its sanctions against Russian coal enterprises, which now includes Elga, Coalstar, and the Mairykhsky open-pit mine…
Russia to Export Coal to India via Iran’s Railway Network, Bolstering BRICS Connectivity
Russia has unveiled plans to export coal to India using the International North-South Corridor (INSTC), leveraging Iran’s railways, as announced during the BRICS transport ministers’ meeting at the 27th St. Petersburg International Economic Forum…
Pressures Mount in China’s Coking Coal Market Amid Seasonal Demand Shifts
An accumulation of coking coal inventories in China is signaling broader market shifts, as miners grapple with reduced sales due to diminished demand from coking plants and traders…
Downturn in China’s Thermal Coal Market Pressures Global Prices
China’s thermal coal import market exhibited continued sluggishness this week, prompting traders to reduce bid prices in utility tenders amid heightened selling pressure…
Tepid Demand in China Dampens Indonesian Coal Market Prospects
The Indonesian thermal coal market is currently experiencing subdued demand from its largest buyer, China, owing to an oversupply and significant price disparities that discourage transactions…
China’s Steel Exports for May Rise 15% Over 2023 Levels
China’s steel exports experienced a significant increase in May, registering a 15% rise year-over-year to reach 9.63 million tonnes, despite a slight dip from April’s figures…
GMK CEO: China, India to Bolster Steel Raw Mats Prices in 2H24
At the Kallanish Europe Steel Markets 2024 conference in Milan, GMK’s chief executive Stanislav Zinchenko highlighted the potential for sustained raw materials prices in the latter half of the year, driven by robust demand from China and India…
Cokal, PT Petrindo Team Up to Improve Coal Transport Infrastructure
Cokal has announced a new partnership with Indonesian coal firm PT Petrindo Jaya Kreasi to jointly develop and enhance transport infrastructure for coal logistics…
