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News & Press

Read about recent events, essential information and the latest industry news.

Industry News
Tuesday, December 11, 2012 Swaps prices rose for thermal coal from Indonesia, the world’s largest exporter of the power- stati » http://www.bloomberg.com/news/2012-12-11/indonesian-thermal-coal-swaps-advance-china-prices-decline.html
Tuesday, December 11, 2012 It is reported that analysts at Goldman Sachs have cut coking coal prices, saying that they see a s » http://www.coalguru.com/australia_north_america/goldman_sachs_cuts_coking_coal_price_outlook_for_2013_and_2014/5915
Tuesday, December 11, 2012 Global coking coal supply may tighten after a berth was damaged at Westshore Terminals Investment C » http://www.businessweek.com/news/2012-12-10/coking-coal-supply-may-tighten-on-westshore-port-accident
Tuesday, December 11, 2012 "In a tectonic shift, by 2030, Asia will have surpassed North America and Europe combined in terms » http://economy.money.cnn.com/2012/12/10/china-us-economy/
Tuesday, December 11, 2012 About 80% of the refineries operating in the United States have a vacuum distillation unit (VDU), a » http://www.eia.gov/todayinenergy/detail.cfm?id=9130
Tuesday, December 11, 2012 "If the daily rate of oil processing at the plant was at 16,500 tons in September and October this » http://en.trend.az/capital/energy/2096800.html
Monday, December 10, 2012 Rio Tinto Alcan, a subsidiary of Rio Tinto (London, England), is conducting the structural erection » http://www.marketwatch.com/story/rio-tinto-alcan-extends-construction-period-for-33-billion-kitimat-smelter-modernization-...
Monday, December 10, 2012 More job losses may be on the cards at the Bluff aluminium smelter after it shed 100 roles. » http://money.msn.co.nz/businessnews/national/8574664/more-jobs-may-go-at-bluff-smelter
Monday, December 10, 2012 Rusal has signed a memorandum of understanding with Shandong Xinfa Group, one of China's largest pr » http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8973624
Monday, December 10, 2012 The Australian reported that POSCO has agreed to buy premium hard coking coal from 2 mines owned jo » http://www.coalguru.com/australia_other_asia/coal_alliance_settles_for_less_from_korean_importer/5845
Monday, December 10, 2012 Japan's economy contracted for a second straight quarter in July-September, revised government data » http://www.reuters.com/article/2012/12/10/us-japan-economy-idUSBRE8B900W20121210
Monday, December 10, 2012 New Zealand's largest electricity producer, Meridian Energy, has resumed talks with Rio Tinto Alcan » http://www.nbr.co.nz/article/smelter-talks-resume-between-meridian-energy-and-rio-tinto-bd-133633
Monday, December 10, 2012 Economists slashed forecasts for Brazil's economic expansion for this and next year for the fourth » http://www.reuters.com/article/2012/12/10/brazil-economy-survey-idUSE5E8LQ02520121210
Monday, December 10, 2012 The UAE’s gross domestic product (GDP) growth is expected to reach 4.5 per cent by the end of the c » http://www.abudhabicityguide.com/news/news-details.asp?newsid=11134&newstype=Local%20News
Monday, December 10, 2012 new 10-year electric power supply contract signed Friday, Dec. 7, » http://www.equities.com/news/headline-story?dt=2012-12-08&val=804598&cat=material
Monday, December 10, 2012 Chinese refinery throughput reached a new high in November, growing 9.1 percent from a year earlier » http://www.reuters.com/article/2012/12/09/china-refinery-output-idUSB9E7J802M20121209
Monday, December 10, 2012 Thomas O'Malley, the U.S. refinery magnate with a history of squeezing profits from forsaken facili » http://www.reuters.com/article/2012/12/07/us-oil-saudi-shipping-idUSBRE8B60JF20121207
Friday, December 7, 2012 The U.S. economy added a solid 146,000 jobs in November and the unemployment rate fell to 7.7 perce » http://news.yahoo.com/us-economy-adds-146k-jobs-rate-falls-7-133151900--finance.html
Friday, December 7, 2012 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, said Europe needs a price of $120 per t » http://www.bloomberg.com/news/2012-12-06/shell-says-europe-needs-120-a-ton-co2-to-rival-coal-wind-1-.html
Friday, December 7, 2012 BHP Billiton Ltd. (BHP), the world’s biggest coking coal exporter, settled the first-quarter benchm » http://www.bloomberg.com/news/2012-12-06/first-quarter-coking-coal-benchmark-set-at-165-a-metric-ton-1-.html
Friday, December 7, 2012 Japan's government said on Friday that there was "a high possibility" that the economy has slipped » http://www.reuters.com/article/2012/12/07/japan-economy-recession-idUSL4N09H0Z920121207
Thursday, December 6, 2012 Exports of Colombian coal will likely drop up to 10 percent this year due to lower global demand, a » http://www.reuters.com/article/2012/12/05/colombia-coal-idUSL1E8N5BSD20121205
Thursday, December 6, 2012 Orders to U.S. factories rose modestly in October, helped by a big gain in demand for equipment tha » http://www.chron.com/news/article/US-factory-orders-up-0-8-percent-in-October-4093055.php?World_Business_News=
Thursday, December 6, 2012 India's Essar Oil has more than halved oil imports from Iran in November and aims to reduce purchas » http://www.reuters.com/article/2012/12/05/india-essar-iran-idUSL4N09E3EO20121205
Wednesday, December 5, 2012 EIA's Short-Term Energy Outlook projects total U.S. coal production in 2013 to be close to its 2012 » http://www.eia.gov/todayinenergy/detail.cfm?id=9010
Wednesday, December 5, 2012 The iron and steel sector’s share of cumulative coal consumption in the country is expected to dip » http://www.thehindubusinessline.com/industry-and-economy/steel-sector-to-consume-less-coal-cement-industry-to-use-more-coa...
Wednesday, December 5, 2012 Diesel fuel in the New York Harbor weakened to trade at the smallest premium versus futures since S » http://www.bloomberg.com/news/2012-12-04/diesel-fuel-falls-in-new-york-on-forecast-for-supply-gain.html
Wednesday, December 5, 2012 Global coal prices have little upside until China’s stockpiles of the fuel begin to ease in the sec » http://www.bloomberg.com/news/2012-12-04/coal-prices-to-fall-in-2013-as-china-economy-cools-ihs-says-1-.html
Wednesday, December 5, 2012 Spain's economy shrank again in November, although the pace of contraction appears to be slowing, a » http://www.nasdaq.com/article/spains-economy-contracts-again-20121205-00056#.UL9MqORlHSk
Tuesday, December 4, 2012 Rashtriya Ispat Nigam Ltd (Visakhapatnam steel plant) has hiked steel prices » http://www.thehindubusinessline.com/companies/rinl-hikes-steel-prices-by-rs-500tonne/article4163608.ece
Tuesday, December 4, 2012 Reuters reported that China's boycotts of Japanese cars over a territorial dispute will shave about » http://www.steelguru.com/international_news/Japanese_steel_output_in_Q4_seen_down_by_2_pct/293751.html
Tuesday, December 4, 2012 Coal demand in the U.S. fell 9.9 percent in 2012 because of a mild winter and cheap gas that robbed » http://www.bloomberg.com/news/2012-12-03/coal-demand-fell-9-9-in-2012-on-gas-and-weather-dtc-says-1-.html
Tuesday, December 4, 2012 Coal production in Colombia, the world's fourth-largest exporter of the commodity, looks set to ris » http://www.reuters.com/article/2012/12/03/colombia-coal-idUSL1E8N37TW20121203
Tuesday, December 4, 2012 Further cuts to costs are to be made at the cash-strapped Tiwai Point aluminium smelter. » http://tvnz.co.nz/business-news/cost-cutting-tiwai-point-not-over-yet-5258086
Tuesday, December 4, 2012 The global coking-coal benchmark may fall 5.9 percent in the first quarter on lackluster demand in » http://www.bloomberg.com/news/2012-12-03/global-coking-coal-may-fall-5-9-in-1st-quarter-doyle-says-1-.html
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