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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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Thursday, 01 December 16
OIL PRICES MAY SEE LITTLE GROWTH BEFORE 2018, FITCH RATINGS SAYS
High inventories and the potential for US shale production to respond quickly to any market tightening mean oil prices may flat line in 2017 before ...
Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and prod ...
Thursday, 01 December 16
ANOTHER WONDERFUL WEEK FOR PANAMAX - FEARNLEY
Supramax
A slower start to the week in the Pacific compared to last Trips from N. China to S. China is paying in the range of low USD 5k, while I ...
Tuesday, 29 November 16
AUSTRALIA'S PORT OF NEWCASTLE SHIPPED 13.08 MT OF COAL IN OCTOBER; DOWN 10.39% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,124.7 Mi ...
Tuesday, 29 November 16
US WEEKLY COAL OUTPUT TOTALS 17.2 MMST, UP 2.8% : EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17.2 million short ton ...
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- Vijayanagar Sugar Pvt Ltd - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
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- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
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- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
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- Bharathi Cement Corporation - India
- PTC India Limited - India
- Economic Council, Georgia
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- Parry Sugars Refinery, India
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- India Bulls Power Limited - India
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- Videocon Industries ltd - India
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- Thiess Contractors Indonesia
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- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
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- White Energy Company Limited
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- Minerals Council of Australia
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- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Siam City Cement - Thailand
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- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
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- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
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- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
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- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
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- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
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- Coal and Oil Company - UAE
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- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
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- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
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- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
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- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
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- CNBM International Corporation - China
- Renaissance Capital - South Africa
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- TNB Fuel Sdn Bhd - Malaysia
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- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
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- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
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- Marubeni Corporation - India
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- Sojitz Corporation - Japan
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- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
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- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
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- Commonwealth Bank - Australia
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