State exports of coal and other goods growing

State exports of coal and other goods growing

The export of products from West Virginia is growing, especially coal. Gov. Jim Justice said Wednesday during an administration briefing that the state’s export market grew for the third consecutive year in 2022, hitting $7.9 billion, according to the U.S. Census Bureau’s recent trade statistics. That is a 20 percent increase from 2021. Coal exports […]

U.S. coal exports remained relatively unchanged between 2021 and 2022

In 2022, 84.8 million short tons (MMst) of coal were exported from the United States, relatively unchanged from the 85.1 MMst exported in 2021. Steam coal accounted for 45% of all U.S. coal exports in 2022; metallurgical coal accounted for 55%. Steam coal, also known as thermal coal, is used by coal-fired power plants for […]

US steam coal exports rise again in February

US thermal coal exports rose for a second month in February on extended gains to Europe and higher demand from India. Exporters shipped 3.87mn short tons (3.51mn metric tonnes) of US steam coal during the month, up by 22pc from a year earlier, according to US Commerce Department data released today. Metallurgical coal shipments also […]

Hampton Roads coal exports reach 4-year high

Coal exports from Hampton Roads, Virginia, reached their highest level in nearly four years in February as some rail shipments accelerated and European demand increased. The terminals at the port loaded 3.07mn short tons (st) (2.79mn metric tonnes) of coal last month, up by nearly 4pc from the prior year’s levels, according to Virginia Maritime […]

US coal output rises from 2022 on export demand

US coal production has increased slightly this year from the same time in 2022 as export volumes have risen, US Energy Information Administration (EIA) estimates show. US coal production totaled 129.1mn short tons (117.1mn metric tonnes) from 1 January through 18 March, up by 1.1pc, or 1.44mn st, compared with the same 11 weeks in […]

US ramps up exports to Europe to fill energy gap left by Russia-Ukraine war

Trade between the U.S. and Europe is growing, driven largely by higher exports of American fuels to help the eurozone weather the energy crisis sparked by Russia’s invasion of Ukraine. The total value of exports from the U.S. to EU countries rose 28.6% to $403.20 billion in 2022, according to data collected by the U.S. […]

US met coal exports to China double in January

US exports of coking coal rose by 37.5pc on the year in January to nearly 3.7mn t, with the increase driven by sharp increases in shipments to China, the EU and India. Shipments to China increased by 118pc to 584,383t after a flurry of deals into the region were concluded shortly before the NDRC started discussing […]

US coke exports hit multi-year high in January

US green petroleum coke exports rose in January to the highest since January 2020, reaching the eighth-largest monthly total in data going back more than 20 years. Shipments to Asia-Pacific nearly doubled on the year, and the US also increased dispatches to Europe and Africa. Exports rose by 43pc on the year in January, at […]

US thermal coal exports rise for first time in 5 months

US thermal coal exports rose from year-earlier levels in January for the first time in five months as shipments to Europe held near a four-year high. Volumes for the month climbed to 3.1mn short tons (2.8mn metric tonnes) from 2.8mn st in January 2022, according to Commerce Department data released today. US coking coal exports […]

Consol Energy: Strong Coal Exports Support Cash Flow For Years To Come

Consol Energy (NYSE:CEIX) is a very low-cost, eastern U.S., thermal & (coking/metallurgical) coal company with a high and growing proportion of sales [44% in 2022] into Europe & Asia. The Company has 622M tons of proven & probable “recoverable coal reserves,” at its three largest mines in Pennsylvania, ~25 years of mine life at last year’s production level. Nameplate capacity on […]