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…
First up for the US coal boys on Q2 earnings is ARCH -0.85%↓ who reports tomorrow (7/25/24) and will likely set the tone that the rest of the industry will have to meet or improve upon…
ArcelorMittal Poland (AMP) announced the permanent closure of its remaining coke battery at the Krakow plant…
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…
A rundown of recent price action in global coal markets…
Met coal prices continue to weaken, but have finally begun to decelerate as we approach August and the return (hopefully) of Indian end users to the spot market…
South32 fell 2% short of its coking coal production target of 4.4 million tonnes at its Illawarra coal operations in the 2023-24 fiscal year…
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)…
Whitehaven Coal reported a solid quarter with saleable coal production coming in at 4.0Mt, while sales of 3.2Mt were impacted by initial rail logistics delays, which have since been resolved…
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…
Yancoal reported attributable coal sales reached 8.6 million tonnes, exceeding attributable saleable coal production by 0.4 million tonnes in Q3 2024…