Colombian cement maker Cementos Argos imports coal

Colombian cement maker Cementos Argos imports coal

The elevated cost of securing and transporting coal from Colombia’s interior region has prompted a major cement maker with coastal facilities to import coal and petroleum coke from the US. The elevated cost of producing coal in inland Colombian provinces and trucking to coastal regions has led to an 11pc increase in fuel costs for […]

World News: Canadian coking coal exports weighed down by Europe

Canada exported 2.12mn t of coking coal in April, down by 18pc on the year, in the absence of shipments to key European destinations, data from Statistics Canada show. There were no coking coal shipments from Canada to the Netherlands, the UK and Germany in April, partly reflecting multiple headwinds facing western Europe’s steel industry. […]

Atlantic coking coal: Ukraine seeks extra US tonnes

US export coking coal prices edged down further today as a negative global sentiment pervades, but some additional buying interest emerged in eastern Europe, potentially in connection to new restrictions on Russian coking coal exports to Ukraine. The Argus daily fob Hampton Roads assessment for low-volatile coking coal came down by $1/t today to $177/t. The high-volatile […]

U.S. coal seen as gaining international foothold

US coal producers are transitioning from swing suppliers to permanent fixtures in global markets as interest in higher sulfur coal increases, Alliance Resource Partner’s chief financial officer Brian Cantrell said today at the MLP & Energy Infrastructure Conference in Las Vegas, Nevada. “A few years ago we viewed the export market as cyclical, with the […]

U.S. coking coal exports up in March

Coking coal exports from the US totalled 4.97mn t in March, up by 10.4pc on the year, driven by increased shipments to Asia and Poland, US Census Bureau data shows. Exports to Japan rose by 15.9pc to 699,721t, while shipments to South Korea imore than trebled to 423,765t and shipments to China more than doubled […]

Middle East could be destination for U.S. coal exports

US coal producers can look to the Middle East for future export opportunities as domestic and western European demand continues to fall, speakers said at the 48th annual Eastern Fuel Buyers conference in Orlando, Florida, today. The United Arab Emirates, Egypt, and Turkey are markets US coal producers can target, particularly if sulfur restrictions are […]

Alliance lowers 2019 thermal coal export guidance

Alliance Resource Partners (ARLP) reduced its guidance on 2019 thermal coal exports as lower international coal prices made booking sales more challenging. The US coal producer expects to export approximately 11mn short tons (10mn metric tonnes) of thermal coal this year, down by about 1mn st from expectations set in January. Alliance said it will […]

Canada’s Ridley Terminals March coal exports jump to five-year high

Coal exports from the Ridley Terminal in Prince Rupert, British Columbia, reached a five-year high of 982,516 mt in March, up threefold from a two-year low of 313,756 mt in February and the most since 1 million mt was shipped out in December 2013, according to data from the Prince Rupert Port Authority. The total, […]

U.S. Coal Exports Regained Momentum in January

US coal exports increased for the first time in three months in January following a recovery in thermal coal shipments to Europe and Asia. A total of 9.29mn short tons (8.42mn metric tonnes) of coal left US ports at the start of this year, according to Census Bureau data released today. That was up from […]