Inter Steel Bangladesh
South African thermal coal exports experienced a significant decline in February 2025, totalling 4.50 million tonnes (mnt), a 24% drop compared to 5.94 mnt in January. This marks a 13% year-on-year (y-o-y) decrease from 5.16 mnt in February 2024. Monthly export volumes have fallen to the lowest since July’24, as per data maintained with BigMint. […]
Thermal coal inventories at Indian ports dropped by 6.5% (w-o-w) to 12.08 million tonnes (mnt) in week 10 of CY’25, down from 12.92 mnt in the previous week, according to data from BigMint. Port-wise inventory breakdown Among key ports, stocks at Paradip declined slightly by 3.5% to 1.53 mnt from 1.59 mnt, while Magdalla saw […]
Mysteel Global: Indonesia is working on a plan to raise royalties paid by mining companies in the country’s coal, nickel, copper, gold, silver and tin sectors, according to a public consultation document released by the mining ministry on 8 March. The proposal aims to enhance government revenue to fund President Prabowo Subianto’s spending plans, including a […]
India’s Ministry of Coal has released a consultation paper proposing the establishment of a Coal Trading Exchange (CTE), inviting comments from stakeholders by 6 April 2025. Amid projections that India’s coal production will reach 1 billion tonnes (bnt) by FY’25 and exceed 1.5 bnt by 2030, the government seeks to implement policy reforms to enhance […]
Mysteel Global: Tropical Cyclone Alfred, currently bearing down on the eastern Australian coast and shaping up to possibly be one of the most devastating of its kind in the recent half-century, is projected to affect Australia’s coal exports, sources noted. Cyclone Alfred is predicted to make landfall in southwestern Queensland, Australia, on 7 March, impacting areas […]
Coal India Limited (CIL), the world’s largest coal producer and a Maharatna PSU, has disclosed its provisional coal production and offtake performance for February 2025. For the period from April-February 2025 (11MFY’25), CIL’s cumulative coal production stood at 695.3 million tonnes (mnt), reflecting a 1.5% year-on-year (y-o-y) increase. This growth underscores the company’s ongoing commitment […]
Australia’s coking coal exports experienced a significant 21% m-o-m decline in February 2025, with total shipments at 8.99 million tonnes (mnt) against 11.33 mnt in January. Meanwhile, exports dropped by a sharper 27% from 12.24 mnt in February 2024. A key driver behind the reduced exports appears to be limited allocations from major coal miners […]
Mysteel Global: China has unveiled its 2025 energy roadmap on the sidelines of this year’s Two Sessions national political meetings, laying out a strategy to balance energy security, electricity market reforms, and carbon reduction, according to a government draft plan released on Wednesday. China’s Two Sessions meetings – the annual assemblies of the National People’s Congress […]
Auctions held by CIL subsidiary Eastern Coalfields Limited (ECL) on 22, 24 and 29 January and 4, 5, and 6 February 2025, reflected significant shifts in coal sales trends, marking distinct bidding behaviours. The total sales volume across these six auctions reached 288,050 t, indicating evolving buyer preferences and varied bid prices. Sales trends: The […]
Morning Brief: There is a growing threat of diminishing supplies of prime coking coal in the global market which casts a long shadow on the steel industry in different countries that are gearing up to increase their production through the BF-BOF route. India, of course, is the first case in point. India’s production of steel through […]