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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
 Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itochu Corporation.
The agreement stipulates that Mechel is due to supply Itochu Corporation with up to 300,000 tonnes of washed steam coal produced at Southern Kuzbass Coal Company’s New-Olzherasskaya Mine. The price will be determined by mutual agreement without reference to any particular formula. Japan’s major cement and power facilities will be the end consumers of Mechel’s products.
“Our company highly appreciates the level of cooperation with our Japanese partners. Over the past two years, we shipped coal to Itochu Corporation on spot contracts, and signing a long-term agreement is a logical next step in our partnership. Today Japan’s market accounts for about 20% of Mechel’s coal exports, and we expect to increase this figure in the near future,” Mechel Mining Management Company OOO’s Chief Executive Officer Pavel Shtark commented.
About Mechel
Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.
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Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...
Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...
Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...
Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.
The Coal Miners Union of Ukrai ...
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- White Energy Company Limited
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Deloitte Consulting - India
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