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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, 14 December 16
20/20 VISION! - JOHN N. COTZIAS
2020; A year that could be changing shipping. In early November, the International Maritime Organization (IMO) announced that it would set a 0.5% s ...
Tuesday, 13 December 16
THE FREIGHT MARKET MAY WELL BE SHOWING SIGNS OF HEADING FOR ITS DOWNWARD CORRECTIVE PHASE - ALLIED
2016 has been a tough market for dry bulkers and through these difficult earnings, we have seen some of the lowest prices being noted historically ...
Tuesday, 13 December 16
COAL DEMAND GROWTH TO STALL AS APPETITE WANES, ACCORDING TO IEA
Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according ...
Monday, 12 December 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.3 MMST, UP 7.4% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3 million short ton ...
Monday, 12 December 16
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this past week and ending on a negative note week ...
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- The Treasury - Australian Government
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- PTC India Limited - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Australian Coal Association
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
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