Analysis: Coal producers bet on met (coal) in 2022

Analysis: Coal producers bet on met (coal) in 2022

The COVID-19 pandemic may have shuttered economies and slowed industrial momentum, but a global rebound is helping coal producers refocus their long game on metallurgical coal investment as a broader initiative to diversify the sector. Met coal is a higher-priced coal used in the steelmaking process. Railroads have longstanding relationships with producers in both industries, […]

US coal exports plummet 42.2% on week of Hurricane Ida: cFlow

Weekly US coal ship departures plummeted in the week ended Sept. 5 due to Hurricane Ida and its aftermath. Twenty-nine coal ships carrying nearly 1.48 million dwt of coal departed the US, down 42.2% from 2.55 million dwt on 41 ships the previous week, Platts cFlow trade-flow analytics software showed Sept. 7. The laden and part-laden ships […]

Tight supply limits US, Canada coking coal exports

Supply constraints weighed on US and Canadian coking coal exports in July, trade data show, as producers were unable to take full advantage of strong Chinese demand for non-Australian coal and high seaborne prices. US coking coal exports in July fell by 9.3pc compared with 2020 and by 20.3pc from a month earlier to 3.08mn […]

US thermal coal boosted July coal exports

US steam coal exports for July climbed off of the nearly four-year low set in July 2020 as demand and prices continued to climb. Thermal coal shipments totaled 3.12mn short tons (2.74mn metric tonnes) in July, Census Bureau data released today show. That was more than double the 1.61mn st exported in July 2020, when […]

Collier Ships are back on the Horizon

Coal is back. According to the US Energy Information Administration, coal exports are projected to climb to 83.8 million st (short ton) in 2021, up from the four-year low of 69.1 million st in 2020. Exports are expected to increase again in 2022 to 99.1 million st. Thermal coal export volumes are estimated at 36.9 […]

US coal exports on the mend despite mixed long-term outlook

The amount of coal shipped from U.S. shores rose during the second quarter, buoyed by robust demand from international markets, particularly in Asia. Exports of U.S. coal jumped 52.5% year over year to 20.6 million tonnes in the June quarter from 13.5 million tonnes, according to an S&P Global Market Intelligence analysis. In 2020, the […]

US coal exports hit 2-year high in June

US coal exports reached a two-year high in June, helped by a surge in shipments to China, India and Japan. A total 7.84mn short tons (7.1mn metric tonnes) of coal left US ports during the month, US Census data released today show. The last time exports were higher was in June 2019. Exports for the […]

US coal exports reach two-year high in June: Census

The US exported a combined total of 7.11 million mt thermal and metallurgical coal in June, the highest monthly level since June 2019, according to Census Bureau data released Aug. 5. Thermal coal accounted for 3.25 million mt and met coal 3.86 million mt of US coal exported in June, a year on year increase […]

US 2021 coal production estimates to rise 14.5% on year: EIA

HIGHLIGHTS Highest 2021 production forecast this year Coal makes up 23.6% of the 2021 power share; 21.8% in 2022 The US is estimated to produce 617.3 million st of coal in 2021, the US Energy Information Administration said in a July 7 report, raising its monthly estimate by roughly 17 million st, or 2.9%, from […]

US coal cutting Australia’s lunch

China – which is Australia’s largest trade partner with a longstanding regional relationship – is in a tit-for-tat dispute with Australia. Meanwhile the US is capitalising on the situation even though it is encouraging its allies around the world to push back against the Chinese Communist party.  The US is ramping up its exports of […]