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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, 22 November 17
CHINA CONSUMES MORE THAN TWO-THIRDS OF THE GLOBAL SEABORNE IRON ORE MARKET; PRODUCES AS MUCH STEEL AS THE REST OF THE WORLD COMBINED - CHRISTOPHER T. WHITTY
China consumes more than two-thirds of the global seaborne iron ore market and at the same time produces as much steel as the rest of the world com ...
Monday, 20 November 17
INDONESIAN COAL BENCHMARK PRICE SURGES 0.86% TO $94.80 A TON, GOVERNMENT DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 0.86% in November compared to declared price in October, the latest ministerial decree showed. ...
Friday, 17 November 17
U.S. PRODUCED 678.8 MMST OF COAL YEAR TO DATE; 9% UP Y/Y, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.8 million short ton ...
Thursday, 16 November 17
PANAMAX ACTIVITIES HAVE SLOWED DOWN QUITE SUBSTANTIALLY THE LAST WEEK - FEARNLEYS
Supramax
Another week with rates easing over all the Supra routes within Atlantic.
Front hauls from USG got payed around 21-22k daily and ul ...
Thursday, 16 November 17
KOMIPO INVITED BIDS FOR 3.9 MILLION TONS OF 5700 NAR AND 5400 NAR COAL FOR 2018 - 2020 DELIVERY
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 3,900,000 Metric Tons of min. 570 ...
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Showing 1871 to 1875 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- White Energy Company Limited
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
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