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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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Friday, 28 September 18
INDONESIA 2018 COAL OUTPUT TARGET NOW AROUND 507 MLN T - ENERGY MINISTRY : REUTERS
Indonesia has increased its 2018 coal production target to around 507 million tonnes from a previous target of 485 million tonnes, the Energy Minis ...
Friday, 28 September 18
FITCH RATINGS: METALLURGICAL COAL MINERS MAY CURB COSTS AS PRICES SLIP
Strong cost inflation in the global metallurgical coal sector suggests that miners may focus on cost controls as prices decline from their current ...
Wednesday, 26 September 18
IS YOUR CHARTER PARTY READY FOR 2020? - METTE KRONHOLM FRAENDE, BIMCO
As the deadline for the IMO’s global low-sulphur fuel requirements fast approaches, it is necessary to carefully check the bunker clauses in ...
Wednesday, 26 September 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Despite the fact that the dry bulk SnP market saw an admittedly busy summer season, there is a noticeable slowdown in activity during the past thre ...
Tuesday, 25 September 18
THE INCONVENIENT TRUTH OF RISING COAL PRICES - FORBES
Coal prices are not supposed to be rising as governments tighten environmental controls but that’s precisely what is happening at the premium ...
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Showing 1606 to 1610 news of total 6871 |
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- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Parliament of New Zealand
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- The University of Queensland
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
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