Exports drive Appalachian coal production, prices

Exports drive Appalachian coal production, prices

Coal production across the Appalachian basins rose in the third quarter following gains in seaborne demand. Production in northern, central and southern Appalachia climbed by 4.6pc to 48.7mn short tons (44.2mn metric tonnes) in the quarter, from 46.5mn st the year before, according to data from the Mine Safety and Health Administration. Around 40pc of […]

US thermal coal exports jump to five-year high in September: Census

Houston — Due to a sharp decline in metallurgical coal exports, as well as a near weeklong disruption at the Port of Virginia from Hurricane Florence, US coal exports fell to a six-month low 8.6 million mt in September, down 5.7% from 9.12 million mt in August, but were capped off by thermal exports, which […]

US Hampton Roads coal exports jump 20% on month to 3.71 mil st in October

Coal exports out of the terminals in the Hampton Roads region in Virginia were at 3.71 million st in October, up 20.2% from the eight-month low 3.09 million st in September, Virginia Maritime Association data showed Friday. The October total was also up 20.3% from 3.08 million st in the year-ago month and the highest […]

US thermal coal exports reach 5.5-year high

US thermal coal exports jumped to their highest level in five-and-a-half years in September. Just under 5.4mn short tons (4.9mn metric tonnes) of steam coal left US ports during the month, the most since March 2013. That was 7.5pc higher than September 2017’s 3.54mn st. The increase follows a resurgence in demand and prices in […]

West Coast military installations eyed for US fuel exports

The Trump administration is considering using West Coast military installations or other federal properties to open the way for more U.S. fossil fuel exports to Asia in the name of national security and despite opposition from coastal states. The proposal was described to The Associated Press by Interior Secretary Ryan Zinke and two Republican lawmakers. […]

Exports bright spot for coal industry

Although down substantially over the long-term, short-term coal production gains in southern West Virginia are one of the few bright spots in the nation’s coal picture. According to the U.S. Energy Information Administration’s recently released Quarterly Coal Report for the second quarter of this year, national second quarter coal production came in at 180.7 million […]

Feature: US Gulf of Mexico thermal coal exports set to double on year

Thermal coal exports through the US Gulf of Mexico are set to double two years in a row, producing the largest jumps in exports from any US region in the same period. Coal through the Gulf in the first eight months of the year came to over 12.1 million mt, up 94.2% compared with over […]

US coal exports climb for 22nd straight month

US coal exports rose for a 22nd straight month on steady Asian and European thermal coal demand. Shipments from US ports climbed to a little over 10mn short tons (9.12mn metric tonnes) from 8.59mn st a year earlier. On a year-to-date basis, exports rose to 77.7mn st from 60.1mn st. That kept 2018 on track […]

US coal exports on track for second highest year behind 2012: Census data

US coal exports totaled 9.1 million mt in August, up 5.5% from July and up 17.3% from the year-ago month, according to US Census data released Friday. Through August, US coal exports total 70.5 million mt, up 29.8% compared with the same period last year, while exports on an annualized basis would total 105.7 million […]

US COAL USE HITS 35-YEAR LOW, BUT EXPORTS ARE BOOMING

Foreign markets are lining up to purchase American coal by widening amounts as U.S. coal consumption reaches its lowest level in more than three decades. Power plants’ consumption of coal dropped to 298 million short tons in the first half of 2018, a sharp fall from 312 million in the same period last year, according […]