International credit rating agency Moody's has announced that it has downgraded Russian steelmaker Mechel's rating to B3 from B2, changing its outlook to negative from stable. Moody's stated that the downgrade reflects low coking coal ...
Tags: steelmaker, steel, Mechel
South Africa-based coal producer Coal of Africa (CoAL) has announced its financial results for the second first half of 2012, reporting a net loss of $111.7 million compared to a net of $74.7 million in the corresponding period of the ...
Tags: Coal, Metallurgy, Mineral
According to statistics released by Japan's Ministry of Finance, Japan's coking coal imports totaled 6.1 million metric tons in January this year, rising by 10.5 percent month on month and down 4.35 percent compared to January 2012. In ...
Tags: Coking Coal Imports, Metallurgy, Mineral
Europe's largest coking coal producer Poland-based Jastrzebska Spolka Weglowa SA (JSW) has announced its financial results for 2012. In 2012, JSW's net profit decreased by 53 percent year on year to PLN 988.1 million ($309.56 million), ...
Tags: coal producer, JSW, coal
It was assessed by SunSirs that in the tracked 100 spot commodities,9 commodities increased in prices, 31 fell and 60 remained unchanged on 15/03/2013.The largest rises were Nickel (1.05%),Chloroform (0.74%),Toluene (0.62%),while the ...
Mongolia-based Chinese miner Mongolian Mining Corporation (MMC) has announced its financial results for 2012. In 2012, MMC registered a net loss of $2.5 million, compared to a net profit of $119 million in the previous year, due to the ...
Tags: Mining Corp, coal prices, coking coal
Indian state-run miner NMDC is currently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country, according to the Press Information Bureau of India. During a speech in the Indian parliament, Dr. D ...
Tags: Steel Industry, Steel, Raw Material
Russia's second largest coking coal producer Raspadskaya has announced the signing of a long-term contract with South Korea’s Hyundai Steel Company to supply coal products with volumes gradually increasing up to 300,000 mt per year ...
Indian Steel Authority of India Limited (SAIL) announced to hike the prices of all steel products by INR500/ton for March. The Chairman of SAIL said that it’s reasonable to raise steel prices as the international steel prices are ...
Australian coal producer Xstrata has issued its financial results for 2012, which has been a transformational year for the company with 10 major projects commissioned. In 2012, Xstrata registered a net profit of $1.18 billion, decreasing ...
Tags: Xstrata, coal producer, coal
Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled 7.9 million mt in February this year, falling by 21.7 percent compared to January, according to the ...
Michael Setterdahl from Nucor, chairman of the traders' committee at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held on March 3-5 in Doha, stated that it was the view of traders' committee that customers worldwide currently ...
Tags: iron ore, coking coal, natural gas
In the week ended March 4, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.6 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 20.8 percent ...
Tags: Coal exports, Coal, coal producing
International commodities trader Glencore International plc (Glencore) has announced that it will not be able to complete the $31 billion takeover transaction for the Anglo-Swiss miner and coking coal producer Xstrata plc (Xstrata) by March ...
Tags: miner, coking coal, mining giant
According to the data provided by the Turkish Statistical Institute (TUIK), in 2012 Turkey's coking coal imports totaled 28.4 million metric tons, increasing 25 percent compared to 2011. In December last year, Turkey's coking coal ...
Tags: Turkey, coking coal imports, coking coal