China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...
Tags: Coal Mines, Coal
Jiangsu Shagang Group, the largest ferrous scrap user in China, on Saturday cut its buying price of heavy melting scrap 6 millimeters and above thick of Yuan 30 to Yuan 1,770/mt, including 17% value-added tax, delivered to Zhangjiagang, ...
Tags: ferrous scrap, Steel
China's coal imports, including lignite, thermal and metallurgical coal, totaled 15.23 million mt in January, down 9.2% year on year and 13.7% on the month, according to preliminary data released Monday by the General Administration of ...
Tags: Coal Imports, metallurgical 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 ...
Atlantic metallurgical coal buyers and miners Friday were positive on the reported $81/mt hard coking coal benchmark, with new spot US offers looking to match or exceed this reference. Some buyers were bracing for a settlement closer to ...
Tags: Atlantic Met Coal, hard coking coal, coke
The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...
Tags: SGX, Coking Coal, iron ore, thermal coal
Although the preference for Australian over US coal continues, US high vol B is still holding its own in the market. Some buyers are now looking to the next benchmark with expectations of a fall from the current $89/mt FOB Australia. One ...
Tags: coal, high vol B coal
Dalrymple Bay coal terminal's exports to India slumped dramatically in October to just 266,700 mt compared with 873,500 mt in September and an on-month decline of 228%, according to shipping data for the Australian terminal released ...
Tags: coal, thermal coal, metallurgical coal
China's coal imports, including lignite, thermal and metallurgical coal, totaled 16.6 million mt in June, up 16.5% from May, according to preliminary data released Monday by the General Administration of Customs. "Coal trade data showed a ...
Tags: coal imports, including lignite, coal
China's coal imports, including lignite, thermal and metallurgical coal, fell 32.7% year on year to 17.03 million mt in March, the ninth consecutive year-on-year decline, data from the General Administration of Customs (GAC) showed Monday. ...
Tags: Coal Imports, Coal Market
Australian miner BHP Billiton has announced its production results for the first quarter ended September 30, 2014 of the financial year 2014-15, achieving a new quarterly record from its Western Australian iron ore operations with an iron ...
Tags: BHP Billiton, Output, Energy
US-based Peabody Energy has announced that metallurgical coal fundamentals are expected to improve as global metallurgical coal production cuts will be realized over the next two quarters. Regarding metallurgical coal fundamentals, the ...
Tags: Peabody Energy, metallurgical coal
US-based coal producer Walter Energy has announced that it has completed a previously announced transaction to sell the Blue Creek Terminal and associated properties, located in Mobile, Alabama, to the Alabama State Port Authority for $25 ...
Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton has posted a net profit of US$13.83 billion for the financial ...
Tags: BHP Billiton, Financial Results, Energy
St. Louis, Missouri-based Arch Coal announced Monday that it has idled its Cumberland River Coal Company complex as a result of weak coal prices in the market. The facility, located on the Virginia-Kentucky border, is comprised of two ...
Tags: Arch Coal, Metallurgy, Mineral