News

Global coal exports slump in 1Q

Global thermal coal exports in March recorded their steepest annual decline in more than four years, with further supply adjustments likely in the near term as the market rebalances in the wake of lower prices and demand. Combined exports from seven of the major coal-producing nations fell by a little more than 5mn t on […]

EU net coal imports halve in March

EU coal imports halved on the year in March to a fresh 30-year low, with little prospect of recovery in the short term amid low regional power demand and stiff competition from natural gas. Net thermal coal imports among EU-27 members from countries outside of the bloc fell by 3.7mn t, or 50.6pc, on the […]

US coal exports resume declines

US coal exports fell in March from year-earlier levels on low demand from Europe, the Americas and Africa. Shipments from US ports dropped to 6.91m short tons (6.27mn metric tonnes) from 9.22mn st in March 2019, according to US Census Bureau data released today. That brought first quarter exports down to just under 20mn st, […]

US coal exports climb to four-month high in March: census

Despite bituminous exports falling over 30% on the month, US coal exports rose to a four-month high of 6.27 million mt in March, as metallurgical exports recovered from its three-year low in February, according to US Census Bureau data released Tuesday. March coal exports were up 1.2% from 6.19 million mt in February but 25% […]

As energy use changes in the Great Lakes, so too does the Port of Duluth-Superior

The Port of Duluth-Superior is one of the largest ports in the United States, an economic engine long known for shipping iron ore mined in northeast Minnesota to steel mills throughout the Midwest. Yet its second largest commodity is less well known, and sourced nowhere near Minnesota and Wisconsin: coal. For decades since the 1970s, […]

EU coal demand to fall as imports reach 30-year low

Net thermal coal imports to the EU collapsed to a three-decade low in February and will continue to languish this summer, as a glut of natural gas and efforts to restrict the spread of Covid-19 thwart any prospect of a significant demand recovery in the near term. Net thermal coal imports among EU members from […]

Hampton Roads coal exports total 2.1 million st in Feb, down 21% on year: VMA

Coal exports out of the Hampton Roads terminals in Virginia totaled over 2.1 million st in February, down 22.1% from January, Virginia Maritime Association data showed Monday. From the year-ago month, exports declined 21%, the twelfth consecutive year on year decrease and the steepest drop in five months. Over January and February, exports totaled about […]

U.S. energy exports reached record level in 2019

Energy exports from the United States rose to a record high of 23.6 quadrillion British thermal units (quads) in 2019 — the first time in 67 years that annual U.S. gross energy exports exceeded U.S. gross energy imports, according to the U.S. Energy Information Administration (EIA). The EIA recently released its Monthly Energy Review that […]

Thermal coal demand declining globally, driving fewer imports, production: analysts

Thermal coal demand is declining globally and forcing cutbacks of imports and production, driven by lower power-sector coal demand resulting from the coronavirus pandemic, analysts said. “After some delays compared with other commodities, the steam coal market seems to finally grasp the magnitude of the impact of the Covid-19 on the international demand,” Perret Associates […]

US thermal coal exports climb to nine-month high: Census

US coal exports rose to 6.19 million mt in February, as thermal exports climbed to a nine-month high, while metallurgical exports fell to a three-year low, Census Bureau data showed. February’s exports were up 9.5% from the three-year low 5.66 million mt in January and 1.8% higher than the 6.08 million mt exported in the […]