The year 2021 opened with severe cold waves in Northeast Asia, day-ahead spot electricity price spikes in Japan, and Northeast Asian LNG spot price hikes. While Northeast Asian conditions have stabilized, severe cold waves have recently hit the United States, seriously affecting civic life, and exerting great impacts on power and gas markets. Record cold […]
During Q4 2020, average black coal-fired generation was 10,710 MW, its lowest quarterly output since Q4 2014 and 707 MW lower than Q4 2019. Average New South Wales black coal-fired output reduced to 5,249 MW, its lowest level since NEM start. Record low output was predominantly driven by a significant increase in outages, with reduced […]
Thermal coal projections. This report is focused on natural gas, but these forecasts have obvious repercussions for coal. According to the report, the coal market will remain under pressure due to competition from gas and also thanks to the increasing focus on net zero emissions targets in a growing number of countries. Without the commercial […]
The global steel industry felt considerable recessionary pressures in 2019 and was hoping for a mild recovery in 2020. Very limited growth of metcoal, insufficient to mitigate weather or operational disruptions. Steel demand might see sustained negative impact due to pandemic and this can have an impact on future scrap availability.
Last week, European coal indices edged higher to 65-66 USD/t due to the expected cold March in a number of...
China’s spot price of the 5,500 kcal/kg Shanxi blended thermal coal stayed on the downtrend after the Chinese New Year...
European coal prices have recovered from two-month lows seen earlier this week as looming threats to Russian and South African...
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