Coal Market News

India readies policy to attract foreign investment in coal mining

16 Oct 2019 | Source: Reuters

India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s Coal Minister Pralhad Joshi said on Tuesday.

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US targets Turkey's steel, energy sectors: Update

15 Oct 2019 | Source: Argus Media

The US administration today imposed sanctions on senior Turkish government officials and the energy ministry, and raised tariffs on imported Turkish steel products back to 50pc in response to Ankara's military incursion into northern Syria.

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Indonesia sets Oct HBA thermal coal price at $64.80/mt, slips 2% on month

08 Oct 2019 | Source: S&P Global Platts

Singapore — Indonesia's Ministry of Energy and Mineral Resources set its October thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $64.80/mt, down 1.5% month on month and 35.8% year on yea....

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EU thermal coal imports at lowest this century

07 Oct 2019 | Source: Argus Media

Intense competition from natural gas cut the EU's net monthly thermal coal imports to their lowest this century in July, according to provisional Eurostat data.

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India's Apr-Sep steel output growth slows to 1% on year against 9% in 2018

07 Oct 2019 | Source: S&P Global Platts

Singapore — India's crude steel production over April-September rose to 54.59 million mt, up 1.3% year on year from 53.91 million mt, provisional data released late Friday by the Joint Plant Committee showed.

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Tangshan applies steel curbs ahead of national holiday

26 Sep 2019 | Source: Argus Media

China's largest steel-producing city Tangshan will enforce sintering and steel restrictions, according to a city government notice issued overnight.

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Poland plans new coal mines despite EU's call for carbon neutrality

26 Sep 2019 | Source: euronews

JASTRZEBIEZDROJ, Poland (Reuters) – Poland’s ruling Law and Justice (PiS) party plans to introduce legislation that will allow the government to open new coal mines without the approval of local authorities, its energy....

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COLUMN-China's coal imports have been robust, but winter crunch looms: Russell

24 Sep 2019 | Source: Reuters

LAUNCESTON, Australia, Sept 24 (Reuters) - China’s coal imports have grown strongly so far this year, but this may be about to change, assuming Beijing takes steps to ensure that growth for the whole of 2019 is more or less zero.

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Saraji, Peak Downs set for October debut on Global Coal

16 Sep 2019 | Source: Fastmarkets

Online trading platform Global Coal will allow its users to buy and sell premium low-vol hard coking coal products from October 9. A new segment - HCCLV - will allow the trading of BHP Mitsubishi Alliance’s Saraji and Peak Do....

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globalCOAL to add premium low vol met coal brands to its broking screen

16 Sep 2019 | Source: Platts

globalCOAL announced Wednesday morning the launch of premium low-vol metallurgical coal (HCCLV) on its broking screen, effective October 9, 2019. The initial coal brands under HCCLV will be BMA's Saraji and Peak Downs, to be traded eit....

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