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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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- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Australian Coal Association
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
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