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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, 14 November 17
COAL STOCKS RUN SHORT, CENTRE TO GET DAILY UPDATE ON STOCKS - DECCAN CHRONICLE
Facing a shortage of coal for thermal power generation in the country, the Central Electricity Authority (CEA) has issued guidelines for maintainin ...
Tuesday, 14 November 17
IN 2018, WORLD OIL DEMAND IS FORESEEN REACHING 1.51 MB/D - OPEC
Oil Market Highlights - OPEC
The OPEC Reference Basket averaged $55.50/b in October, gaining $2.06 over the previous month and reaching the hi ...
Monday, 13 November 17
THERMAL COAL PRICES WERE RELATIVELY UNCHANGED - DANIEL HYNES
Coal prices were broadly higher, driven by strong gains in the metallurgical coal market said Daniel Hynes, Senior Commodity Strategist at ANZ in h ...
Monday, 13 November 17
THIESS AWARDED $300M SANGATTA EXPANSION CONTRACT
Thiess has been awarded a $300 million contract by Kaltim Prima Coal (KPC) to expand operations at Sangatta coal mine in East Kalimantan, Indonesia ...
Friday, 10 November 17
U.S. COAL OUTPUT FOR THE FIRST 10 MONTHS OF 2017 IS ESTIMATED AT AROUND 656 MMST; UP10% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15 million short tons ...
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Showing 1881 to 1885 news of total 6871 |
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- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Australian Coal Association
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
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