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