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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, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
Tuesday, 08 January 19
GLOBAL TRADE GROWTH EXPECTED TO REMAIN AT HEALTHY IN 2019 - ALLIED
2019 is here and we find ourselves with new challenges for the shipping industry and the global economy as whole, with market prospects being neith ...
Monday, 07 January 19
THE NEWCASTLE BENCHMARK SPOT PRICE IS FORECAST TO DECLINE FROM AN ESTIMATED AVERAGE OF US$105 A TONNE IN 2018 TO US$74 A TONNE IN 2020 - DEPARTMENT OF INDUSTRY, AUSTRALIA
• The Newcastle benchmark spot price is forecast to decline from an estimated average of US$105 a tonne in 2018 to US$74 a tonne in 2020, prim ...
Monday, 07 January 19
INDONESIAN GOVERNMENT DECLARED COAL BENCHMARK PRICE FALLS FOR FIFTH STRAIGHT MONTH IN JANUARY 2019; LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 07 January 19
RUSSIA'S COAL PRODUCTION UP 5.9% TO 433.4 MLN TONNES IN 2018 - TASS
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 mln tonnes, according to the Central Dispatching Department of Fuel Energ ...
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- Posco Energy - South Korea
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
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