Bankers on the scene at PE-owned Queensland coal mine Olive Downs
April 1, 2024
The Bowen Basin’s Olive Downs, billed by its private equity owners as potentially the world’s last greenfield coking coal mine…
Tag: Metallurgical Coal
Risun sees steady coking coal demand by 2025
March 30, 2024
Coking firm China Risun Group foresees steady coking coal demand across the world by 2025, underpinned by Asian requirement.
China’s Blast Furnace capacity use stable at 82.76%
March 30, 2024
The blast furnace (BF) capacity utilization rate stood largely stable on week at 82.76% during March 22-28
RBCT and Optimum Coal Owner Ink Export Terms Deal
March 30, 2024
Richards Bay Coal Terminal, Liberty Coal and owners of the Optimum Coal Mine execute export transportation deal.
India’s metallurgical coal imports may rise 5% in FY’24 on higher crude steel output
March 26, 2024
Imports of metallurgical coal by India, the world’s second-largest steel producer, are expected to increase by around 5% YoY
China’s coking coal imports leap 37% YoY in Jan-Feb
March 26, 2024
China’s imports of coking coal from all origins during January-February 2024 totalled 17.89 million tonnes, logging a jump of 36.5% on year
Summary of Chinese Coal Imports for February 2024
March 22, 2024
Chinese Thermal and Metallurgical Coal Imports – February 2024
Met Coke Prices Drop WoW
March 22, 2024
Indian met coke prices have been recorded at INR 33,500/tonne (t) ex-Jajpur this week. Prices dropped by INR 500/t w-o-w.
M Resources & GEAR plan funding round after $1.65B coal mine buy
March 22, 2024
Australian coal trader M Resources and Singapore’s GEAR plan a funding round after their $1.65-billion purchase of South32’s Illawarra
Fitch Increases Iron Ore & Coking Coal Price Assumptions
March 22, 2024
Fitch Ratings, a prominent international credit rating agency, has updated its financial price forecasts for iron ore and coking coal
Coal News & Price Data – March 21, 2024 – Coking Coal Prices Finally Bottom?
March 21, 2024
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices. China’s declining coking coal and coke production adds to the oversupply. Indian steelmakers adopt a cautious approach ahead of elections.
Coal News & Price Data – March 21, 2024 – Coking Coal Prices Finally Bottom?
March 21, 2024
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices.