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Proposal to amend load port of PHCC index assessment
Fastmarkets proposes to amend the load port named for the assessment of its index for Premium Hard Coking Coal, fob DBCT, to eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.
October 17, 2024
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By Jessie Li
Insights
Glencore shelves coal, carbon steel demerger plan
Global commodities giant Glencore has announced its decision to retain its coal and carbon steel materials business, abandoning earlier plans for a demerger
August 7, 2024
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By Paul Lim
Insights
Correction to FOB Australia PHCC index on March 18
Fastmarkets has corrected its fob Australia premium hard coking coal index, which was published incorrectly on Monday March 18 due to a technical error.
March 18, 2024
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By Bella Cheng
Insights
EU, US fail to reach agreement on Global Arrangement on Sustainable Steel and Aluminium
Talks between the European Union and the United States began in October 2021, where both parties announced the Global Arrangement on Sustainable Steel and Aluminium (GASSA), a partnership in which both parties would negotiate an arrangement to combat global overcapacity and climate change. The discussions would include discouraging trade in high-carbon steel and aluminum that […]
November 7, 2023
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By Alesha Alkaff
Insights
Reinvestment in coal-based steel production ‘fundamentally incompatible’ with achieving climate target: SteelWatch
Steel producers reinvesting in coal-based steelmaking are potentially locking in millions of tonnes more carbon dioxide emissions
October 30, 2023
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By Alesha Alkaff
Insights
Proposal to increase frequency, amend specifications of PCI low-vol cfr Jingtang index
Fastmarkets is proposing to amend its PCI low-vol cfr Jingtang index (MB-COA-0007) to change its specifications, laycan and frequency.
September 5, 2023
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Insights
Metallurgical coal outlook dims even as demand dwindles in India, China
The outlook for prime hard metallurgical coal is dim, even as demand dwindles in key end user markets China and India
May 17, 2023
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By Paul Lim, Olivia Zhang
Insights
How China’s largest coal-producing province is on its way to becoming a green steel leader
Shanxi, a top coal-producing province in North China which has been struggling with high levels of air pollution – is on its way to becoming a green steel leader in the country following the steps it has taken to prepare for the energy transition and to upgrade its steel industry over the past decade
May 16, 2023
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By the Fastmarkets team, Jessica Zong, Zihuan Pan
Insights
Glencore’s coalface challenge | Hotter on metals
Glencore’s new chief executive officer Gary Nagle is learning a key management lesson the hard way, namely: “You can't please all of the people all of the time
February 17, 2023
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By Andrea Hotter
Insights
Amendment to Fastmarkets’ Coking Coal Index methodology
Following a one-month consultation, Fastmarkets has adjusted its coking coal index methodology to increase transparency by incorporating data from physical trading platforms.
January 10, 2023
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By Jane Fan
Insights
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