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Coking Coal Imports From Russia Jump 3-fold In Last 3 Years: Report
Imports of metallurgical coal from Russia have spurted around three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices while the same from Australia have declined, according to a research firm.
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Jindal Steel & Power Third Quarter Profit Falls 27% To Rs 1,866 Crore
JSPL on Tuesday reported a 27.2 per cent drop in consolidated profit at Rs 1,866.08 for the quarter ended December 2021
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Moody's Changes Outlook For Asian Steel Producers To "Negative"
Prices of iron ore and coking coal, two key steelmaking inputs, have surged by more than 60 per cent and 20 per cent in the year to June 2019.
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CIL Arm Hikes Coking Coal Price By About 20%
The announcement comes at a time when steel companies are feeling the squeeze because of a surge in global coking coal prices.
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Recent Coking Coal Price Rise Puts Pressure On SAIL's Operations
Sail aims to produce around 15 million tonnes of steel in the current financial year and 17 million tonnes in the next financial year.
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SAIL's Debt At Rs 35,144 Crore On Dearer Coal, Low Realisation
The country's largest steelmaker SAIL's borrowings rose to Rs 35,144 crore as on October 2016 hit by declining net sales realisation (NSR) and high coking coal prices, Parliament was informed.
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High Coking Coal Prices Can Squeeze Steel Firms' Profits: Fitch
Full impact of the recent jump in coking coal prices on steelmakers will be felt from the later part of the third quarter of 2016-17, ratings agency Fitch said.
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Coal, Coke Imports Jump 19% in April: Report
India's imports of raw and processed coal, or coke, rose 19 per cent to 21 million tonnes in April from a year earlier as low prices drew buyers, according to provisional data from commodities trader mjunction.
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Steel Players May Benefit From Low Coking Coal Prices: Icra
Coking coal prices have declined by around 16 per cent in the first quarter of 2014-15 (Q1FY15) over the previous quarter, and the same contract prices have been rolled over in Q2FY15. This followed a 13 per cent decline in coking coal prices over the whole of FY'14.
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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.
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Coal mining clampdown to boost imports by steelmakers
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 China has eroded demand for coking coal used in steel making.
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JPMorgan raises Sail to 'overweight' on steel outlook
J.P. Morgan upgraded Steel Authority of India Ltd to 'overweight' from 'neutral', citing near-term improvement in the Asian steel outlook and a decline in coking coal prices, among other factors.
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JSW Steel sees sequential fall in iron ore, coking coal prices in Q3
MUMBAI, SEPTEMBER 23: JSW Steel Ltd expects cost of coking coal and iron ore, the key inputs for steel making, to decline in Oct-Dec compared with previous quarter, Rajeev M. Pai, chief financial officer, said Thursday. He said the average cost of iron ore is likely to be around $120 per tonne in Oct-Dec, while coking coal is seen at $200 per ton...
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*Crisil:Indian steel makers to be hit by spurt in coking coal prices
From the time allegations of misappropriation during the bidding for allocation of 2G spectrum surfaced, till Telecom Minister A Raja's ouster, high drama charged both politics in Delhi and Tamil Nadu. So what exactly is the Spectrum Scam that led to all this?
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Coking Coal Imports From Russia Jump 3-fold In Last 3 Years: Report
Imports of metallurgical coal from Russia have spurted around three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices while the same from Australia have declined, according to a research firm.
-
Jindal Steel & Power Third Quarter Profit Falls 27% To Rs 1,866 Crore
JSPL on Tuesday reported a 27.2 per cent drop in consolidated profit at Rs 1,866.08 for the quarter ended December 2021
-
Moody's Changes Outlook For Asian Steel Producers To "Negative"
Prices of iron ore and coking coal, two key steelmaking inputs, have surged by more than 60 per cent and 20 per cent in the year to June 2019.
-
CIL Arm Hikes Coking Coal Price By About 20%
The announcement comes at a time when steel companies are feeling the squeeze because of a surge in global coking coal prices.
-
Recent Coking Coal Price Rise Puts Pressure On SAIL's Operations
Sail aims to produce around 15 million tonnes of steel in the current financial year and 17 million tonnes in the next financial year.
-
SAIL's Debt At Rs 35,144 Crore On Dearer Coal, Low Realisation
The country's largest steelmaker SAIL's borrowings rose to Rs 35,144 crore as on October 2016 hit by declining net sales realisation (NSR) and high coking coal prices, Parliament was informed.
-
High Coking Coal Prices Can Squeeze Steel Firms' Profits: Fitch
Full impact of the recent jump in coking coal prices on steelmakers will be felt from the later part of the third quarter of 2016-17, ratings agency Fitch said.
-
Coal, Coke Imports Jump 19% in April: Report
India's imports of raw and processed coal, or coke, rose 19 per cent to 21 million tonnes in April from a year earlier as low prices drew buyers, according to provisional data from commodities trader mjunction.
-
Steel Players May Benefit From Low Coking Coal Prices: Icra
Coking coal prices have declined by around 16 per cent in the first quarter of 2014-15 (Q1FY15) over the previous quarter, and the same contract prices have been rolled over in Q2FY15. This followed a 13 per cent decline in coking coal prices over the whole of FY'14.
-
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.
-
Coal mining clampdown to boost imports by steelmakers
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 China has eroded demand for coking coal used in steel making.
-
JPMorgan raises Sail to 'overweight' on steel outlook
J.P. Morgan upgraded Steel Authority of India Ltd to 'overweight' from 'neutral', citing near-term improvement in the Asian steel outlook and a decline in coking coal prices, among other factors.
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JSW Steel sees sequential fall in iron ore, coking coal prices in Q3
MUMBAI, SEPTEMBER 23: JSW Steel Ltd expects cost of coking coal and iron ore, the key inputs for steel making, to decline in Oct-Dec compared with previous quarter, Rajeev M. Pai, chief financial officer, said Thursday. He said the average cost of iron ore is likely to be around $120 per tonne in Oct-Dec, while coking coal is seen at $200 per ton...
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*Crisil:Indian steel makers to be hit by spurt in coking coal prices
From the time allegations of misappropriation during the bidding for allocation of 2G spectrum surfaced, till Telecom Minister A Raja's ouster, high drama charged both politics in Delhi and Tamil Nadu. So what exactly is the Spectrum Scam that led to all this?
