US coal still in demand overseas because of high seaborne prices

US coal still in demand overseas because of high seaborne prices

In the US export market this week, a CFR deal for Northern Appalachia coal, basis 6,900 kcal/kg, for August loading was heard at a price greater than $110/mt. NAPP coal continues to price into India as a result of relatively high coal prices, as well as ongoing uncertainty around the country’s proposed ban on certain […]

April US coal exports surge to highest monthly total since 2013

US coal exports totaled 10.1 million mt in April, the highest monthly total since March 2013, according to new US Census data. The monthly total was up 17.7% from March and 53.3% higher than the year-ago month. Driven by strong seaborne prices, end-users are increasingly choosing to source metallurgical and thermal coal from the US. […]

Hampton Roads coal exports inch back from recent highs

Coal exports out of Hampton Roads, Virginia, retreated from April’s four-year high last month but remained higher than 2017 levels. Terminals at the port handled 3.75mn short tons (3.4mn metric tonnes) of coal for export in May, the latest data from the Virginia Maritime Association show. That was down from 4.26mn st in April, but […]

Metallurgical coal exports up double-digits in 2017

Not every part of the coal industry is hurting. While thermal coal has seen better days, metallurgical coal — the kind used in the steel-making process — has seen a strong uptick in production and sales. The boost in metallurgical coal is due in large part to the amount of exports, which jumped 35 percent […]

Port of South Louisiana Posts Record Tonnage Numbers

The Port of South Louisiana may not be the busiest container port in the U.S., but it is easily the nation’s busiest by tonnage. The port ranks above the ports of Houston, New York/New Jersey, New Orleans, Beaumont, Corpus Christi, Long Beach, Greater Baton Rouge, Los Angeles, and Mobile for sheer weight of cargo handling. […]