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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, 20 February 18
INDIA: COAL IMPORT RISES BY 12 PER CENT TO 18 MILLION TONNES IN JANUARY - PTI
The country’s coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.
44 MT in the same month of the ...
Monday, 19 February 18
JOINT INSURANCE - WHY SHOULD YOU CARE? - SKULD
KNOWLEDGE TO ELEVATE
It is neither controversial nor new to say that co-assureds under a joint insurance policy cannot claim against each othe ...
Friday, 16 February 18
U.S. WEEKLY COAL OUTPUT DOWN 4.5 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.
Prices of thermal grade coal sin ...
Wednesday, 14 February 18
HISTORY REPEATING ITSELF? - IEA
This month’s OMR is abbreviated to allow time for us to complete our annual five-year outlook that will be published in our report Oil 2018 o ...
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Showing 1801 to 1805 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
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