Coal Investing News» coking

Coal Supply Tightens

Reporter — Fri, 16 Apr 2010 00:18:52 +0000

By Desmond McMahon—Exclusive to Coal Investing News Analysts expect coal prices to continue to rise after a strong first quarter performance with demand from China and the United States putting increased pressure on limited supply. And, The World Bank approved funding for a massive coal-burning plant in South Africa. Steel-making coal prices jumped 22 percent [...]

China Seizing The Moment?

Reporter — Mon, 14 Dec 2009 16:23:17 +0000

China's promises to clean up its act on a clean climate could well go up in smoke and add to the sooty blanket of smog that lines most cities. The country churns out 3 new coal-fired generating plants every week.

SAIL, RINL has negotiated FY10 coking coal at 60% discount

Reporter — Tue, 09 Jun 2009 16:41:27 +0000

Reports reveal that state-owned steel giants SAIL and RINL have negotiated the current fiscal’s long-term coking coal prices with global suppliers at $115-125 per tonne, which is over 60 per cent lower than what the companies had paid in the last financial year. For full story, click here

CBI has filed cases against three Bharat Coking Coal Men

Reporter — Thu, 28 May 2009 17:01:42 +0000

The CBI has registered cases against three officials of Bharat Coking Coal and four officials of a private firm in Dhanbad for allegedly cheating the state-run coal company of Rs 65 lakh. For full story, click here

JSW Steel has signed coking coal deals at $100 a tonne

Reporter — Fri, 08 May 2009 10:49:35 +0000

JSW Steel, the country’s leading steelmaker by capacity, has signed a coking coal contract for the year at $100 per tonne. For full story, click here

Coking Coal prices and quality not competitive enough globally

Reporter — Fri, 10 Apr 2009 20:48:15 +0000

Coal India, one of the leading coal companies in the world with reserves of 287 million tonnes of coking and non-coking coal, has charted out a growth path with focus on acquisitions. For full story, click here

Coal Sees Glimmer Of Light

Reporter — Tue, 31 Mar 2009 12:12:55 +0000

After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.

NMDC in tie-up with Aussie company for coal, ore assets

Reporter — Fri, 27 Feb 2009 13:30:12 +0000

NMDC Ltd, the largest supplier of iron ore in India, is said to have signed an agreement with West Australian mineral resources developer Stirling Resources Ltd to jointly identify and acquire coking coal and iron ore assets in Australia and New Zealand. For full story, click here

Steel makers in India seek below USD 100 for coking coal

Reporter — Wed, 25 Feb 2009 05:26:51 +0000

Indian steel makers are reluctant to finalize annual contracts for coking coal for 2009-10 as they are trying for a price below USD 100 per tonne against a high of USD 300 a tonne in 2008. For full story, click here

JSW Steel negotiating 66% cut in coking coal price

Reporter — Fri, 20 Feb 2009 07:12:09 +0000

JSW Steel is negotiating a 66% lower rate for coking coal from global suppliers at USD 100 per tonne. For full story, click here