UPDATES
Coal Markets - Outlook & Featured Articles
The following articles include coal company deep dives, quarterly outlooks, production updates, earnings analysis, and more.
Featured Updates
Risks for Arch vs the Peer Group
Let’s discuss Alpa (AMR) vs Arch (ARCH) and Warrior Met (HCC)
Note on Met Coal & Steel Markets
With Australian PLV trading at a premium to CFR China, the arbitrage for Australian coal into China remains firmly closed.
Thoughts on Thermal Coal
European coal price have found a footing in the $110-120/mt range as natural gas supply sees uncertainty in absence of Russian flows.
European Gas is the Fulcrum for Energy Markets
I keep harping on TTF as the fulcrum for energy markets (coal and natgas), and the price has moved up over 65% from its lows on June 2
Glencore & Teck Update
This ongoing saga continues, and from my vantage Glencore is strategically out maneuvering Teck’s management.
Coal Producer Price Action – A Quick Note
Coal Producer Price Action – A Quick Note: Coal producers continue to bounce as I write this around noon on Wednesday.
Market Updates
Market Updates: Steel sector has moved past the hype-cycle of a Chinese reopen boom and is settling into a new reality.
Steel & Met Market Update
Construction weakness & seasonal influences in China & overcapacity of steel production and oversupply of finished steel the country.
Alpha Met Site Visit & Management Meeting
Thoughts on management & how I see an investment in AMR playing out.