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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, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
Thursday, 27 January 22
2022 - A YEAR OF REBALANCING FOR METALS AND MINING - WOOD MACKENZIE
If 2021 was the year of rebound for metals and mining (M&M) commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie, a ...
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Showing 361 to 365 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- PTC India Limited - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Australian Coal Association
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- The University of Queensland
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
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