
Coal News & Price Data – February 23, 2024 – Weekly Met Market Summary
Australian metallurgical coal prices remain stable, potentially upheld by end-user purchases, although overall sentiment is bearish

Australian metallurgical coal prices remain stable, potentially upheld by end-user purchases, although overall sentiment is bearish

Met coke demand in the Atlantic Basin increased, with a Turkish steel mill tendering for 30,000 t for end-March loading

Demand for coking coal is increasing as downstream companies actively purchase and replenish raw material inventories.

As the Spring Festival approaches, the safety situation in production areas remains strict, and coal mines have begun to arrange holidays…

China’s insatiable appetite for metallurgical coal (met coal) reached new heights in December 2023, fueled by a 77.3% year-on-year increase

Australia’s resource-rich Queensland state is bracing for its second tropical cyclone in a little more than a month

The human toll of ever-increasing coal production in China is once again to the fore after thirteen were killed in a mine accident

How High is the Bar for a New Coal Mine? ESG risks have clearly moved the IRR hurdle rate for a go/no investment decision higher.