The looming threat of a strike by the International Longshoremen’s Association (ILA) on 1 October has raised concerns across various industries reliant on U.S. port operations. But while containerships would likely face significant backlogs at U.S. Gulf and East Coast ports, commodities like coal may see minimal impact…
The Queensland Resources Council (QRC) has expressed concern over new coal royalties legislation, stating it undermines Queensland’s competitiveness and poses a risk to the state’s economic security…
State-owned steelmaker Rashtriya Ispat Nigam Ltd. (RINL) has been forced to shut down its blast furnace 3 at the Vishakhapatnam (Vizag) plant due to a coking coal shortage caused by a workers’ protest at the Gangavaram port. The shutdown, which occurred on 12 September, leaves RINL with only one operational blast furnace out of three at its 7.3 million tonne per year (t/yr) capacity plant, though no official announcement has been made by the company…
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…
ArcelorMittal Poland (AMP) announced the permanent closure of its remaining coke battery at the Krakow plant…
India has surpassed China to become the world’s leading developer of steel, with a pipeline capacity of 258 million tonnes per annum (mtpa), according to a recent report by Global Energy Monitor (GEM)…
India’s increasing dependence on imported coking coal has led the government to seek to diversify its sources, including exploring imports from Mongolia in a broader strategy to avoid over-reliance on any single country…
In an attempt to bolster U.S. steel production and reduce dependency on foreign steel, President Joe Biden has imposed new restrictions on steel imports from Mexico…
The Russian government has adjusted the previously proposed parameters for increasing coal production taxes from 2025…
India is set to commence trial imports of coking coal from Mongolia later this month, as part of its strategy to diversify its supply sources and reduce dependency on Australian imports…
On July 3, 2024, Italy marked a significant milestone in industrial innovation by launching its first trial using hydrogen to process steel products…
The United States Treasury Department has broadened its sanctions against Russian coal enterprises, including Elga, Coalstar, and the Mairykhsky open-pit mine…