Friday, October 04 2019, the Baltic Dry Index climbed by 10 points, reaching 1767 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The inde... Continue reading
Weekly US coal production totaled about 13.4 million st in the week ended September 28, up 0.2% from the previous week and down 11.6% from the year-ago week, data from the US Energy Information Administration showed.
In week 39, US coal... Continue reading
Coal India Ltd. (CIL) saw a 23.5% decline in its September 2019 output, producing 30.8 million tonnes against 40.25 million tonnes in September 2018. Coal offtake, too, dropped by 20% to 35.2 million tonnes.
CIL closed the first half (Ap... Continue reading
Russian steel and coal producer Mechel (MTLR.MM) agreed to pay around 30 billion roubles ($461 million) for Gazprombank’s (GZPRI.MM) 34% stake in the Elga coal project, two sources familiar with the matter told Reuters on Thursday.