Coal – The Economic Times reported that as part of a fuel supply agreement commitment, Coal India Ltd. (BSE:533278) will likely import 15 million tonnes of coal for power utilities.
Articles Tagged "coal imports"
Coal – Bloomberg reported that India is burning coal at its fastest pace in 31 years and by 2014 should pass China as the top importer of power station coal.
Coal – Forbes reported that low coal prices, China's proposed import ban on low-quality coal and the Indonesian government's hunt for more tax revenue from the fuel are presenting problems for Indonesian coal miners.
Coal – Reuters reported that two sources from India's Coal Ministry have said that, unlike China, the country will not restrict imports of low-grade coal at present.
Coal – The Wall Street Journal reported that a plan from China's National Energy Administration that effectively bans the import of large volumes of low-quality coal will mainly effect Indonesia if it is approved.
Coal – Reuters reported that the top five utilities in China have formally objected to a draft proposal from the National Energy Administration that bans the import of low-quality coal on the grounds that it will increase their costs and reduce demand for their coal.
Coal – Bloomberg reported that the slump in European coal prices — the longest in at least eight years — looks set to end on the back of falling imports from the United States and production cuts in Russia and Poland.
Coal – The Economic Times reported that from 2013 to 2014, India is expected increase its coal imports by 8.7 percent, to 35 million metric tons, as its steelmaking capacity rises.
Coal – Reuters reported that Chinese coal imports for March rose by 13.3 percent, marking the first rise after two consecutive months of decline, but are still significantly down from the end of last year.
Coal – Mineweb reported that Noble announced at a recent conference that they expect China's coal imports to rise by nearly 70 percent by 2015.