Industry sources say US coal stocks will burn out

In an industry known for its boom or bust cycles, coal producers are aware that current high demand and record prices for the commodity aren’t going to reflect in coal producers bottom lines for long. Spot prices boomed last week for Central Appalachia coal, up $3.15 to $89.70 a ton, but down from the last […]

On January 27, 2022

Tightness limits North American met coal exports

Supply setbacks weighed on US and Canadian coking coal exports in November, while historically high prices throughout October and early November gave mining firms an incentive to ship cargoes where possible. November coking coal exports from the US fell by 6.62pc from a year earlier to 3.24mn t, most likely as a result of the […]

On January 25, 2022

CSX halts coal exports from Baltimore Curtis Bay piers due to transfer tower explosion

Exports from a CSX coal terminal in Baltimore have been halted due to a Dec. 30 explosion at a coal transfer tower, the company said Jan. 5 “Operations at the CSX Curtis Bay Coal Piers have been temporarily suspended while engineering teams assess the extent of the damage,” spokeswoman Cindy Schild said in a statement. […]

On January 13, 2022