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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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Wednesday, 11 September 19
THE INDONESIAN COAL PRICE REFERENCE FELL HEAVILY IN SEPTEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
We are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the bel ...
Monday, 09 September 19
INDIAN COMPANIES READY TO INVEST IN DEVELOPMENT OF NEW COAL DEPOSITS IN RUSSIA'S YAKUTIA - TASS
Indian metallurgical companies, which received trial batches of coal from Kolmar mining company, are satisfied with the quality of the products and ...
Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Colombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same ...
Monday, 09 September 19
ULTRAMAX: ASIA A 58,000-TONNER FIXED DELIVERY FUZHOU, VIA INDONESIA, REDELIVERY CHINA, AT $12,800
Capesize
0px The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed ...
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Showing 1341 to 1345 news of total 6871 |
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- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- VISA Power Limited - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- The University of Queensland
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
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