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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, 05 December 17
THE COKING AND THERMAL COAL RECORDING SMALL GAINS - DANIEL HYNES
Coal markets were higher, with both coking and thermal coal recording small gains, said Daniel Hynes Senior Commodity Strategist at ANZ in his late ...
Tuesday, 05 December 17
WEEKLY US COAL PRODUCTION ESTIMATES DIP WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.1 million short ton ...
Thursday, 30 November 17
CONTEMPLATING COAL'S CONTROVERSY AT COP23 - BENJAMIN SPORTON
Representing the coal industry at climate talks is never going to be an easy proposition. For many people, coal and climate action are incompatible ...
Wednesday, 29 November 17
THE LAST DAYS OF COAL? - ALIBRA SHIPPING
At least 15 countries have joined an international alliance to phase out coal use for power generation before 2030.
Britain, Canada, Denmark, ...
Wednesday, 29 November 17
THERMAL COAL MARKETS WERE A LITTLE BIT MORE SUBDUED - DANIEL HYNES, ANZ
Coal prices were stronger, led by gains in coking coal. Premium hard coking coal jumped above USD200/t for the first time in two months, said Danie ...
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Showing 1861 to 1865 news of total 6871 |
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- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
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