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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, 23 August 17
THE STRONG IRON ORE TRADE ROUTES SUPPORT CAPESIZE SEGMENT - INTERMODAL
The upward trend in the Capesize segment is definitely being supported by the strong momentum in the key iron ore trade routes. The price of high-q ...
Tuesday, 22 August 17
WHAT IS A RELEASE CALL?
KNOWLEDGE TO ELEVATE
Joining a mutual P&I Club means each Member shares in the fortunes of that Club and its membership. The continuity of ...
Tuesday, 22 August 17
THOSE DOG DAYS OF SUMMER STEEL PRODUCTION IN CHINA - COMMODORE
COALspot.com: One popular but inaccurate narrative that makes the rounds every June and July (and occurred again this year) is that China’s s ...
Monday, 21 August 17
BANPU REVEALS FIRST HALF 2017 WITH STRONG RESULTS; SUPPORTED BY HIGHER COAL PRICES
Banpu Reveals First Half 2017 with Strong Results from Higher Coal Prices Gearing Up to the Era of New Energy with Banpu Greener & Smarter Stra ...
Monday, 21 August 17
INDIA'S COAL IMPORTS DECLINE TO 192 MT IN FY17 - PTI
Import of coal saw a decline of 6.37 per cent to 191.95 million tonnes (MT) in 2016-17 on higher production by CIL that saw the country move to a r ...
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Showing 1961 to 1965 news of total 6871 |
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- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Australian Coal Association
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
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