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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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Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...
Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal e ...
Thursday, 17 January 19
U.S COAL OUTPUT IS EXPECTED TO FALL BY 3 PER CENT IN 2019 - EIA
EIA forecasts that U.S. coal production will total 729 million short tons (MMst) in 2019, down by 25 MMst (3%) from 2018.
Acco ...
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference ...
Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for ...
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- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Australian Coal Association
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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