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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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Monday, 09 October 17
INDIA'S COAL IMPORTS UP 10% IN SEPT AS POWER PLANTS FACE FUEL SHORTAGE - PTI
Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, ...
Friday, 06 October 17
U.S. WEEKLY COAL OUTPUT HAS REBOUNDED AFTER DECLINING 5 WEEKS IN A ROW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
Wednesday, 04 October 17
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
During the past couple of months the dry bulk market has displayed particularly strong momentum and we have been witnessing steady appetite and act ...
Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
A report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 1 ...
Tuesday, 03 October 17
RIO TINTO COMPLETES FIRST FULLY AUTONOMOUS RAIL JOURNEY IN WESTERN AUSTRALIA
Rio Tinto has successfully completed the first fully autonomous rail journey at its iron ore operations in the Pilbara region of Western Australia ...
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Showing 1921 to 1925 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- The University of Queensland
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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