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…
The Environmental Protection Agency (EPA) continues to enforce stringent emissions regulations on the energy sector, including a new rule requiring coal-fired power plants to capture at least 90% of their CO2 emissions…
The German government, led by Chancellor Olaf Scholz’s coalition, has confirmed it will not advance its coal phase-out deadline from 2038 to 2030, despite previous intentions signaled by the coalition partners…
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…
Holy supply disruptions, Batman. Not one, not two, but these THREE separate incidents are going to tighten up metallurgical coal markets over the next month or so…
In the wake of the fire at Allegheny Met Coal’s Longview Mine, we take a look at what the possible market effects might be…
An underground fire that began on June 30 at Allegheny Metallurgical Coal’s Longview Mine in Barbour County, West Virginia, has so far not stirred significant concern in the market. The incident at the mine, which only started operations in late 2023 and has a projected annual output of up to 3.1 million short tons, led to a halt in operations…
The U.S. Army Corps of Engineers (USACE), Mobile District, has announced the closure of the Holt Lock in Alabama, cutting off river transportation for Peabody and Warrior…
Labor negotiations between Canadian railroads and Teamsters Canada Rail Conference (TCRC) remain at a standstill as both parties await a critical decision from the Canada Industrial Relations Board (CIRB). The decision will determine whether essential freight must continue to be shipped in the event of a work stoppage…
For our third installment in the series here, I thought it best to tackle Peabody Energy BTU -1.91%↓. That’s not necessarily because it’s an interesting risk-reward at this point in the market cycle. Rather, it’s simply because I get more questions on it than any other coal stock. Well, that and it has had the most predictable trading range of the entire sector…
I don’t care for technical analysis much, but sometimes it is the best framework on which to build trade ideas. We examine that here, using HCC as an example…