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Weekly global coal market news summary (Apr 24-Apr 28)

sxcoal.com 2023-04-28 15:16:38

Indonesian thermal coal market stalls; outlook still unclearing

Indonesian thermal coal prices have remained roughly stable, but China's domestic prices of the power-generating fuel picked up, stok...

 

Teck Resources withdraws asset split plan

Canadian mining company Teck Resources announced the withdrawal of its asset split plan before a key shareholder vote. After the anno...

 

South32 Jan-Mar coal output down 3% YoY, 2023 guidance down 7%

ustralian miner South 32 reported its coal production fell 19% from a year ago and declined 17% quarter on quarter to 1.44 million t...

 

Mongolia Mar rail coal shipment drops; iron ore up for 4th mth

Mongolia's coal shipment through railway was registered at 1.27 million tonnes in March, up 34.04% compared with the preceding year b...

 

Germany Feb hard coal imports down 13.1% YoY

Germany's hard coal imports stood at 2.63 million tonnes in February, down 13.11% year on year, preliminary data from German Statisti...

 

Global thermal coal prices in stabilization last week

International thermal coal prices generally remained stable in recent several weeks, with only mild fluctuations reported. Seaborne...

 

Mongolia's Mar coal output jumps 281.6% YoY; iron ore slumps 71.6%

Coal production of Mongolia came in at 5.95 million tonnes in March, surging 281.46% year on year and rising 19.36% month on month, s...

 

Indian power cos Mar thermal coal imports hit 6-mth high

India's power generators saw their thermal coal imports rise for the third consecutive month in March, to a new high since October 20...

 

Global coal supply to maintain tight balance next 2-3 years

Global coal supply is expected to maintain a tight balance this year and even in the next two to three years, Liu Shaoyi, business di...

 

Japan Mar coal imports down 16.4% YoY, preliminary data

Japan imported 13.98 million tonnes of coal in March, falling 16.4% year on year, preliminary data from the Ministry of Finance showe...

 

Global crude steel production up 1.7% on yr in Mar, WSA

Global crude steel production rose 1.7% from a year ago to 165 million tonnes in March, showed data from the World Steel Association ...

(Writing by Rebecca Liu  Editing by Harry Huo)
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