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Weekly global coal market news summary (Nov 21-25)

sxcoal.com International,  Thermal Coal,  Coking Coal 2022-11-25 16:50:08

Indonesian low-CV thermal coal prices stable despite weak demand

Indonesian low-CV thermal coal prices were largely unchanged on November 24 as limited availability offset the gloomy Chinese demand ...

 

India, Australia to embrace free-duty coal trades with passage of FTA

India will enjoy zero imports duty for coal from Australia after a Free Trade Agreement between the two countries was finalized on No...

 

India removes export tax on low-grade iron ore and some steel intermediates

India scrapped the export tax on low-grade iron ore and some steel intermediate on November 19, reversing its May order of raising th...

 

Russia Oct coal production ticks up 1.2% YoY, Rosstat

Russia produced 39.63 million tonnes of coal in October, rising 1.23% compared with the preceding year and 11.29% month on month, acc...

 

Mongolian coal exports up 88% over Nov 11-17

Mongolian exported 917,100 tonnes of coal from November 11 to November 17, surging 88% year on year, according to data from the Minis...

 

Germany to impose 33% windfall tax on fossil fuel firms

The German government is said to be planning to ask the country's oil, coal and gas companies to pay 33% of windfall profits, potenti...

 

NTPC to add 4.8GW coal power projects in next 3 yrs

India's biggest electricity generating company NTPC was required by the government to award contracts for four more coal-fired power ...

 

Colombia's Cerrejon resumes coal exports as rail blockage ends

Colombia's second-largest coal miner Cerrejon has resumed rail transport to a key export facility on the Caribbean coast as the two-w...

 

(Writing by Tammy Yang  Editing by Harry Huo)
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