Mechel, one of the leading Russian mining and metals companies, has announced the temporary halting of mining at Mechel Bluestone in West Virginia, US, which is part of the company's mining division. Due to unfavorable market conditions, ...
Tags: Mechel, Coking Coal Mine
China's steel sector is exhibiting stronger mill margins and sentiment in April that may soon lead producers to "step up purchases of both iron ore and coking coal," Macquarie Bank said Friday. Mill inventory of iron ore is stable while ...
Tags: Steel Mills, Iron Ore
Speaking on behalf of World Steel Dynamics (WSD) at SteelHome's 10th Steel Development Strategy Conference held recently in Shanghai, Wu Wenzheng, president of SteelHome, said that WSD's global steel output forecast for 2014 is 1.61 billion ...
Tags: Scrap Prices, Steel
Thermal and coking coal exports from Australia's Newcastle port fell 12.5% on the week to 2.64 million mt in the week to Sunday, after four weeks of gains, according to the Newcastle Port Corporation's latest update. NPC said there were ...
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it has secured a one-year contract to supply iron ore concentrate to Russian pig iron and coking coal producer KOKS Group. Under ...
Tags: iron ore, pig iron, coking coal
US-based coal producer Walter Energy, Inc. has announced that it will begin idling its Canadian operations, including the Wolverine and Brazion coal mines in British Columbia, this month, due to the unfavorable coal pricing environment. ...
Tags: Coal Mines, Walter Energy, mine
Mechel, one of the leading Russian mining and steel companies, has announced that its contract with Baosteel Resources, the raw materials-focused wholly-owned subsidiary of Chinese steelmaking major Baosteel, which provides for an increase ...
Tags: mining, steel companies, Mechel
India imported around 14.9 million mt of coal at 21 major ports in March, up 41.7% from February, according to data released Monday by Indian ship broker Interocean. The March imports included 11.3 million mt of thermal coal, up 35.9% ...
Tags: Coal Imports, coal, thermal coal
Miner BHP Billiton expects India to lead future demand growth for coking coal, as Chinese imports steady while global competition from suppliers in Australia, Russia and North America intensifies. The world's biggest seaborne coking coal ...
Tags: Coal Demand, coking coal, coking coal miner
In the week ended March 31, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.84 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 1.6 percent ...
Tags: Coal Exports, Newcastle Port
Port Waratah Coal Services' export terminals at Australia's Newcastle port shipped 2.35 million mt of mostly thermal coal to China in March, down 6% from February, the operator said in a report Tuesday. China's offtake represented 26.3% ...
Tags: Coal, thermal coal, coal shipments
Australian coking coal producer Beacon Hill Resources has announced its interim results for 2013, reporting a net loss of $19.24 million, narrowing down from the net loss of $45.13 million in the previous year. The company's revenues ...
Tags: Coking Coal, Beacon Hill Resources
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
The UK's imports of thermal coal in January rose 14% on the month and 3% on the year to 3.46 million mt, according to customs data released Friday. The month's jump in imports was driven by an 84% increase on the month in deliveries from ...
Tags: Thermal Coal, thermal coal imports