Coal Market News

Australia Seeks Clarity From Beijing on Coal Import Ban

14 Oct 2020 | Source: Bloomberg

The Australian government is seeking clarification from Beijing on reports that China has suspended purchases of Australian coal amid heightened diplomatic tensions between the two countries.

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China's Sep thermal coal imports head south amid import restrictions

14 Oct 2020 | Source: S&P Global Platts

Singapore — China's thermal coal imports fell 9.6% on the month to 18.7 million mt in September, the latest General Administration of Customs data showed, as the uncertainty over China's import restrictions continue to cast a sha....

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India’s August coking coal imports rebound from July

14 Oct 2020 | Source: Argus Media

India's coking coal imports rebounded in August from a near two-year low in July as lockdown restrictions were gradually lifted in major cities, boosting steel sales.

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ArcelorMittal to permanently close Krakow furnace and steel plant in Poland

12 Oct 2020 | Source: S&P Global Platts

Warsaw — ArcelorMittal Poland said Oct. 8 it will permanently close the blast furnace and steel plant in Krakow this month due to reduced demand caused by the COVID-19 pandemic.

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China's Shanxi to merge local coal producers

12 Oct 2020 | Source: Argus Media

China's biggest coal-producing province Shanxi is merging some of its largest state-controlled coal companies to consolidate operations and boost efficiency.

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US coking coal exports to Asia fall sharply in August

09 Oct 2020 | Source: Argus Media

US coking coal exports declined by nearly 40pc year on year to 2.64mn t in August, driven by a significant fall in shipments to Japan and India, as steel production in these two key US export destinations fell amid the Covid-19 demand slump.

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Australia’s Queensland coal ship queues at a low

29 Sep 2020 | Source: Argus Media

Shipping queues outside the adjacent ports of Dalrymple Bay Coal Terminal (DBCT) and Hay Point in Australia's Queensland state have fallen to 12 or just above half of the average of 22, with September Queensland coal shipments on track....

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Australia's Olive Downs coking coal mine gets approval

29 Sep 2020 | Source: Argus Media

Australian mining firm Pembroke Resources is on track to start shipping from the Olive Downs coking coal project in Queensland's Bowen basin in 2022, with a gradual ramp up to 15mn t/yr, after it was granted mining leases allowing construct....

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Queensland coal exports fall by 20pc in August

07 Sep 2020 | Source: Argus Media

Coal shipments from Queensland's ports are around 20pc lower than a year earlier for a second consecutive month August, as demand for Australian hard coking, semi-soft coking and thermal coal remains weak.

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Japanese coal burn slips to historic low in May

07 Sep 2020 | Source: Argus Media

The Covid-19 pandemic drove Japanese coal-fired power generation to a more than four-year low in May, although the fuel's cost advantage for power generation saw output hold up better than LNG.

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