Coal Market News

The World’s Largest Metals Market May Never Return To Its Former Glory

25 Jan 2023 | Source: oilprice.com

The nickel meltdown at the LME last year has left many traders with a bad taste in their mouths. Speculation is heating up in metal markets over which platform might take the LME’s place. GlobalCOAL already has the backing o....

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Cutting coal mine methane offers steelmakers quick climate win

24 Jan 2023 | Source: Bloomberg

Steel manufacturers should work with coal producers to curb methane leaks from mines to reduce the overall warming impact from making the alloy, according to a report from energy think tank Ember. Methane, a potent greenh....

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Coking coal narrows the gap on thermal as China reopens

24 Jan 2023 | Source: Reuters

The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Australia powers a rally for coking coal, a key steelmaking ingredient. Singapore-traded futures lin....

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UK's National Grid to pay people to use less power as cold snap bites

23 Jan 2023 | Source: Reuters

Britain's National Grid (NG.L) said it would pay customers to use less power on Monday and Tuesday evening, in what would be first times it has used the new scheme designed to help prevent power shortages. More than ....

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China’s easing of Australian coal ban is symbolic, not market-shifting

11 Jan 2023 | Source: Mining.com

China’s decision to allow imports of Australian coal after more than two years of an unofficial ban is one of those moves where the symbolic importance outweighs the practical impact. The partial easing of the ban will see th....

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Column: New year, new nickel market after LME's 2022 meltdown?

06 Jan 2023 | Source: Reuters

LONDON, Jan 6 (Reuters) - March 2022 will go down in the history books as the moment the global nickel market broke down. The London Metal Exchange's (LME) six-day suspension of nickel trading plunged the g....

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China Considers Relaxing Ban On Imports Of Australian Coal

05 Jan 2023 | Source: Oilprice.com

China is considering a partial easing of its more than two-year ban on imports of coal from Australia amid signs of improving bilateral relations, sources with knowledge of the matter told Bloomberg on Wednesday. China’s Nati....

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Nickel Market Wants Price-Discovery Alternatives: GCH’s Abbott

05 Jan 2023 | Source: Bloomberg

By Archie Hunter and Jack Farchy Nickel producers, consumers and exchange venues are interested in alternatives to exchange traded price discovery, Global Commodities Holdings’ CEO Martin Abbott says in an interview. ....

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Global Commodities Holdings to launch nickel trade platform in February

05 Jan 2023 | Source: Reuters

LONDON, Jan 4 (Reuters) - UK-based Global Commodities Holdings (GCH) said its planned physical nickel trading platform will launch in late February, and expects it to eventually offer an alternative to the London Metal Exchange&#x....

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Global Commodities Holdings to launch nickel trading platform as LME reels

22 Dec 2022 | Source: Reuters

Dec 22 (Reuters) - UK-based Global Commodities Holdings (GCH) said on Thursday it would launch a spot trading platform for physically delivered nickel in the first quarter of 2023. The move comes as the London M....

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