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Coking Coal: Enhanced supply bearish trend may cheer up Steel industry

The global supply of coking coal is expected to remain elevated in 2014, a trend that prevailed in 2013. Th trend causes continued price decline of PHCC, HCC and bearish global demand. However coking coal witnessed an increased global import rates; China, India and Japan importing million tonnes of coking coal. and nbsp;...
Source : Commodity Online |
Category : Commodities

Coal India halves premium charged for power plants with linkages

Coal India Ltd (CIL) has quietly cut effective prices of coal sold to power plants having own mines following growing protests from the industry as well as the power ministry.The near-monopoly coal miner has halved the steep 40% premium charged to power plants with tapering linkage for having own coal blocks.“Coal India board has reviewed the provision for charging add-on price of 40% for supplies...
Source : DNA |
Category : Others | City : Bangalore

Must-know: 1 important thing that drives natural gas demand

“Coal-to-gas switching” is a term used for when power plants decide to use natural gas in place of coal as fuel. Given sustained low natural gas prices, and the fact that natural gas burns more cleanly than coal, coal-to-gas switching had been rising for most of 2012. This trend increases natural gas demand and provides some support to natural gas prices, helping upstream energy producers with significant...
Source : Yahoo Finance |
Category : Commodities

Coal India hikes prices of Western Coalfields produce by 10 per cent

Coal India on Monday hiked prices of non-coking coal produced by subsidiary Western Coalfields by 10 per cent, which would earn it Rs 140 crore in additional revenue this year.Cola India Ltd (CIL) had raised prices of non-coking coal produced by all other subsidiaries in May which is expected to fetch an additional revenue of Rs 2,119 crore this year."We had increased by 10 per cent (price of non-coking...
Source : Ndtv |
Category : Others | City : New Delhi

Coal India hikes price of certain grade of fuel

State-owned Coal India Ltd (CIL) has increased the price of a certain grade of coal from one of its mines in Godda district of Jharkhand, according to a source.The increase has been effected from April 1 as per the decision taken by the Coal India board, sources said."The CIL board in its 306th meeting held on March 20, 2014 has approved fixation of add-on price in respect of coal produced from Rajmahal...
Source : Ndtv |
Category : Others

Indiaandapos;s coal production in September up

coal output went up in September, for the first time in this fiscal year at the facilities of Coal India Limited (CIL), Singareni Collieries Company Ltd (SCCL) and from some captive coal blocks. The slightly upward production in September,2013, reported after a declining trend for five consecutive months since April, India Coal Market Watch (ICMW) reported citing a provisional data. The...
Source : Webindia123 |
Category : Headlines

Coal India increases Rajmahal coal price

Coal India Limited has increased prices of Rs 90 per ton of its product from Rajmahal mine of the Eastern Coalfields Ltd (ECL). The board of CIL, at its 306th meeting held on March 20, 2014, approved fixation and add-on price in respect of the coal produced in the Rajmahal Mine of the Eastern Coalfields Limited at Rs 390 per ton in place of the existing Rs 300 per ton, India Coal Market Watch...
Source : Webindia123 |
Category : Headlines

Coal India increases Rajmahal coal price

Coal India Limited has increased prices of Rs 90 per ton of its product from Rajmahal mine of the Eastern Coalfields Ltd (ECL).'The board of CIL, at its 306th meeting held on March 20, 2014, approved fixation and add-on price in respect of the coal produced in the Rajmahal Mine of the Eastern Coalfields Limited at Rs 390 per ton in place of the existing Rs 300 per ton,' India Coal Market Watch (ICMW)...
Source : Newkerala |
Category : National | City : Kolkata

Coal India hikes transportation charge; power cost may go up: report

Coal India Ltd (CIL) has hiked the fare it charges from customers for transporting coal from mines to loading points, a development that may lead to a marginal hike of one paisa per unit in power tariff.Since 2009, Coal India has not increased the transportation charges. The company has hiked the charges due to increase in diesel prices and wage costs, company sources said."When the coal is transported...
Source : Ndtv |
Category : Others | City : New Delhi

Coal mining clampdown to boost imports by steelmakers

BHUBANESWAR/NEW DELHI, India (Reuters) - Steel producers are preparing to increase coal imports sharply as state governments halt approvals for them to mine coal because of court investigations into the system for awarding coal blocks.A rise in imports by India, which shipped in a record 138 million tonnes of coal in the last fiscal year, could support global prices at a time when a glut of steel in...
Source : Yahoo Finance |
Category : Personal Finance | City : Bhubaneswar