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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, 23 November 15
NEGATIVE 2016 OUTLOOK FOR WESTERN EUROPEAN STEEL - SAYS FITCH RATINGS
COALspot.com: European steel in 2016 are both negative for the sector and for issuer ratings.
This reflects our expectation that import levels ...
Monday, 23 November 15
DRY BULK MARKET: NET FLEET GROWTH IS SLOWING DOWN, AS SHIP OWNERS ARE LOOKING FOR WAYS TO ALLEVIATING MARKET MELTDOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been in “meltdown” mode for a few weeks now, unable to find support and avoid the fall in historical lows. As s ...
Monday, 23 November 15
CS50 COAL INDEX CLOSED AT $40.27 PER TON; FELL 0.15% FROM LAST WEEK
COALspot.com: The 5700 GAR CS (i) coal index fell by US cents 3 per ton week over week on 20 November 2015. CS 57 (5700 GAR coal) index closed at U ...
Monday, 23 November 15
CFR SOUTH CHINA COAL SWAPS FALL FURTHER ON LOW DEMAND
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 6.75 (13.99%) per ton month over month.
A commodity swa ...
Sunday, 22 November 15
INDONESIA TO INDIA FREIGHT RATES TO REMAIN DULL NEXT WEEK
COALspot.com: The BDI was down to historical lows closing at 498 points which is down by almost 95.77 per cent compared to 11,800 points in 2008.
...
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Showing 2696 to 2700 news of total 6871 |
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- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
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