Hampton Roads coal exports reach 14-month high

Coal exports out of Hampton Roads, Virginia, rose in the May to the highest level in more than a year, reflecting some of the recovery in seaborne metallurgical and thermal coal. Terminals at the port loaded about 2.52mn short tons (2.29mn metric tonnes) of coal for export during the month, according to data collected by […]

Chile, NE Asia Bolster Drummond’s Coal Exports

A spike in Chilean demand and firm loadings for northeast Asia supported Colombian coal producer Drummond’s thermal coal exports in May, company figures show. Drummond’s total loadings rose by 667,000t on the year and by 512,000t on the month to 2.89mn t in May. The mining company shipped 14.1mn t in the first five months […]

Wyoming AG Says Lawsuit Over Washington Coal Port Must Go On

The U.S. Supreme Court needs to stop the state of Washington from unconstitutionally blocking the delivery of Powder River Basin coal to foreign markets, according to the attorneys general for Wyoming and Montana. The two states, in a brief filed with the court, argued justices should take up their challenges to Washington’s denial of permits […]

CHENEY SAYS WASHINGTON STATE TERMINAL DENIAL UNCONSTITUTIONAL

Wyoming Rep. Liz Cheney says Washington state’s denial of a coal export terminal to send Wyoming coal to Asian nations violates the U.S. Consitution. The Biden Administration has come out in favor of dismissing a lawsuit by Millenium Bulk Terminals against Washington state for denying permits for an export facility. That prompted Cheney to issue these comments: “This case should […]

US coal exports ticking higher, pushed by high petcoke prices, China

US coal exports in April were 24.3% higher year on year at 6.2 million mt, which was down 10.2% from March, according to US Census data released June 9. The upward trend was also noticeable in the year-to-date comparison, which is up 8.1% compared with the same four-month period in 2020. On an annualized basis, […]

US steam coal exports have year-over-year gain in April

US thermal coal exports in April climbed from a year earlier, when much of the world had lockdowns in place to combat Covid-19, but eased from March’s 26-month high. Just under 3.1mn short tons (2.81mn metric tonnes) of steam coal was shipped from US ports in April, Census Bureau data show. That was almost 1.1mn […]

Coal rally continues amid concerns on supply availability to meet demand

Seaborne coal prices have been bullish over the past year, largely rising from pandemic lows last spring as global energy demand resumes and economies strengthen. The prices are signaling a lack of supply as producers scramble to rehire furloughed workers and reconnect supply chains. However, there is uncertainty whether the sustained rally will lead to […]

Hampton Roads coal exports climbed in April

Coal exports from Hampton Roads, Virginia, increased in April from the prior year for the first time since January 2019 amid rising international coal prices. Shipments from the port climbed by 8.5pc in April to 2.5mn short tons (2.3mn metric tonnes), a 13-month high, according to Virginia Maritime Association estimates. Exports still trailed 2019 and […]

US met coal miners expect more upside

US coking coal producers say spot prices have yet to hit a ceiling, despite the lull in China, as buyers digest surging offer levels and plans by top economic planning body the NDRC to stabilise steel and iron ore prices. While last week’s US low-volatile offers approaching $300/t cfr China and a dip in Chinese steel […]

Shifts in Global Coking Coal Trade Flows Deepen

US and Canadian coking coal exports to China and Europe rose in the first quarter of 2021 but lost ground to Australian material in other markets amid further deterioration in Chinese-Australian relations. US first-quarter coking coal exports fell by 11.3pc to 9.39mn t, while Canada’s fell by 30.7pc to 7.86mn t. US exports to China […]