Weekly coal carloads originated by US railroads jumped 4.6% on a year-over-year basis in the week ended May 24, as both BNSF Railway and CSX showed strong gains in weekly coal deliveries, according to data from the Association of American ...
Tags: coal carloads, railroads
Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...
Tags: Thermal Coal, coal production
The Chinese thermal coal market is seeing some positive fundamental trends in the near term, helped by coal investment cuts, production declines and a slowdown in imports, even as seasonal weakness is expected to weigh on the market, an ...
Tags: Thermal Coal, Coal
Production cuts at Indonesian thermal coal mines could only at best help stabilize prices but further gains would be capped by sagging demand from both India and China in the spot market, sources said Wednesday. A Singapore-based trader ...
Tags: Thermal Coal, thermal coal mines
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first quarter of the current year decreased by 21 percent to 1.031 million mt compared to the same period last year. In the first ...
Tags: Crude Steel, mining, steel
Australian coal exploration company Stanmore Coal estimates that 40% of global seaborne-traded thermal coal production of roughly 800 million mt and 45% of internationally traded coking coal production of around 300 million mt is ...
Tags: coal exploration, thermal coal
Colombian coal exports in March fell to their lowest level in a year, at 3.331 million mt, down 18.1% from February, data from statistics agency DANE showed. The monthly export volume drop-off corresponded to a ban imposed in January on ...
Tags: Coal Exports, thermal coal
Weekly US coal carloads for the week ending May 3 continue to improve, notching their eight consecutive week of year-over-year growth, the Association of American Railroads reported Thursday. Coal carloads totaled 112,361, down 0.8% from ...
Tags: Coal, Coal carloads
China has raised its target to close outdated steel smelting capacity to 28.7 million tons in 2014, the industry ministry said on Thursday, as it tries to rein in inefficient and polluting industries. The figure is above the 27 million ...
Tags: Steel Capacity, Iron Steel
In the January-April period of the current year, coal production in Russia decreased by 1.8 percent year on year to 113.085 million mt, including 26.8 million mt of coal produced in April, down 9.8 percent compared to April 2013, according ...
Tags: Coal Production, coal imports
Glencore Xstrata produced 1.5 million mt of coking coal in the January-March quarter, falling 17% year on year and down 12% from the previous quarter, the company said in its production report published Tuesday. It ascribed the fall in ...
Tags: Metallurgical Coal, Glencore
International commodities producer and trader Glencore Xstrata has announced that in the first quarter of the current year its coking coal output from its Australian operations amounted to 1.5 million mt, falling 17 compared to the same ...
Tags: Coking Coal, Xstrata
Brazil's Vale produced 1.785 million mt of coal during the first quarter, up 1.9% on the year to a record Q1 volume due to the ramp up of the Moatize mine in Mozambique, the diversified miner said in a production report published late ...
Tags: Vale, Coal Production, coal
US-based coal producer Walter Energy has announced its financial results for the first quarter this year, reporting a net loss of $92.2 million, compared to a net loss of $49.4 million in the first quarter of 2013. In the given quarter, the ...
Tags: Walter Energy, coal producer
Atlantic Coal's first-quarter 2014 clean coal production totaled 37,757/st in the first quarter, down 29.2% from 53,324/st the same quarter a year ago on operational problems caused by a frigid US winter, the company said Tuesday in a ...
Tags: Clean Coal, mine