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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, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a ...
Wednesday, 08 November 17
WEEKLY SHIPPING MARKET INSIGHT
If you are a dry bulk owner today you are definitely feeling the pressure of the past couple of years off and given the admittedly unexpected growt ...
Wednesday, 08 November 17
NEW QUAY OPENED AT THE INDUSTRIAL PORT IN BREMEN,GERMAN
Press Release: After a building period lasting three-and-a-half years, the port logistics firm Weserport, the “bremenports” comp ...
Tuesday, 07 November 17
ING JOINS FORCES ON BLOCKCHAIN-BASED PLATFORM FOR ENERGY COMMODITIES SECTOR
Blockchain technology. It’s often been described as the most important invention in computing in a generation.
So it should come as no s ...
Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...
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Showing 1886 to 1890 news of total 6871 |
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- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
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