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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Tuesday, 29 December 20
CHINA COKING COAL FUTURES RISE FOR THIRD DAY ON SUPPLY WORRIES - REUTERS
Chinese coking coal futures extended gains into a third session on Monday, jumping as much as 6.2% as lower imports, sliding inventories and mines ...
Wednesday, 23 December 20
COKING COAL'S DECLINE LIKELY TO FOLLOW THE PATH OF THERMAL COAL’S PROGRESSIVE DEMISE - IEEFA
Technology disruption the likely theme of global energy markets in 2021
There has been a growing tsunami of climate commitment annou ...
Wednesday, 23 December 20
MARKET INSIGHT - INTERMODAL
As we all know, China forges more steel than the rest of the world combined, and even during this unprecedented pandemic, the nation is set to brea ...
Tuesday, 22 December 20
2021 DRY BULK OUTLOOK - SUPPLY GROWTH - TORVALD KLAVENESS
In the first article in the series we mentioned that dry bulk freight was in a super cycle between 2001 and 2008. The growth in global yard capacit ...
Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 ...
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Showing 686 to 690 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
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