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Source: Business Standard, November 8, 2019

Centre changes track to focus on coal co...

The government will now prioritise getting contracts for coking coal imports at competitive prices instead of trying to buy coal mines, as it was planning earlier.



“The plan is to not acquire assets but only freeze orders in advanc... Continue reading

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news
Source: Argus Media, November 7, 2019

Indian met coke imports hit multi-year l...

Indian imports of metallurgical coke fell to the lowest level in more than a year as the country's steel industry struggled, while mills that were still importing moved away from China for their supplies.



Indian met coke imports were... Continue reading

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Source: S&P Global, November 7, 2019

Seaborne thermal coal trade to hit 1 bil...

A tenuous supply and demand balance is expected in the global seaborne thermal coal market in 2020 as trade dynamics shift and new growth areas emerge, speakers at the CoalTrans Conference in Vietnam said Tuesday.



Seaborne trade for ther... Continue reading

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news
Source: Australian Mining, November 7, 2019

South32 to shed South Africa thermal coa...

South32 is set to divest its thermal coal assets in South Africa Energy Coal (SAEC) to Seriti Resources in an upfront payment deal worth around ZAR100 million ($9.8 million).



SAEC has incurred South32 $US578 million ($851.8 million) in i... Continue reading

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Source: REUTERS, November 7, 2019

China’s seaborne coal imports slide in O...

China’s seaborne coal imports slumped 19% in October from September, but the world’s biggest buyer of the polluting fuel is still on track to record an unwanted annual increase.



Seaborne imports were 19.9 million tonnes in Oc... Continue reading

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news
Source: Hellenic Shipping News Worldwide, November 7, 2019

Baltic Dry Index falls to 1533, down 123...

Wednesday, November 06 2019, the Baltic Dry Index decreased by 123 points, reaching 1533 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. T... Continue reading

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