Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...
Tags: coal, coal demand
Combined coal stocks held by China's six key power generators in southern and eastern China averaged 11.155 million mt in the week to Tuesday, down 2.9% week on week, according to a weekly report by Qinhuangdao Port on Thursday. The ...
Tags: power generators, coal
The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
Utilities are burning less coal than they previously expected, a survey the US Surface Transportation Board conducted shows. During a Rail Energy Transportation Advisory Committee hearing Tuesday in Washington, committee member John Carr, ...
Tags: natural gas, Coal Generation
US Central Appalachian coal producers and brokers are still hoping some kind of thermal spot market will develop with winter approaching, but many in the industry said this week they aren't holding out much hope. Market players continued ...
Tags: CAPP coal, MISO coal, fossil fuel
It is the least spoken when it comes to Coal in the controversy. Investors see the relatively strong performance of coal stocks that recently appeared. The main stock exchange traded fund (ETF) has risen more than 13% since March 11. We ...
Tags: Power coal, Coal
Mechel, one of the leading Russian mining and steel groups, has reported that it has mined its one millionth metric ton of coal since operations began at its Elginsky open pit in Yakutia, Russia. Currently, work still continues on ...
Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...
Tags: Thermal coal, Domestic Cargoes
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
Southern Coal Corp is seeing an uptick in demand for high-quality steam coal this year, but the metallurgical side of its business continues to lag, which is why the company has temporarily idled its Tams No 1 mine in Raleigh County, West ...
Tags: Steam Coal, steam coal production
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
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
Despite shutdown of nuclear power plants, Japan is not expected to raise its thermal coal imports significantly over the next five-seven years, as existing coal-fired power plants are running at high rates and new facilities are still on ...
Tags: Thermal Coal, nuclear power plants
The expected growth in global steel demand through 2050 may require a tripling of current seaborne metallurgical coal exports, which may be tough for miners to deliver, according to forecasts delivered Monday by two consultants. An annual ...
Tags: steel demand, steel production
US over-the-counter thermal coal prices changed little Thursday, as competing natural gas futures got a boost from end-of-season gas storage stocks falling to 822 Bcf, a level not seen since 2003. The increased consumption of gas this ...
Tags: natural gas, gas, Metallurgy, Mineral, Coal