Tag: Coking Coal

SunCoke Energy’s third-quarter revenue edged down to $485.9 million. Lower blast coke sales volumes and lower coal-price pass-throughs on long-term, take-or-pay agreements weighed on revenue. Higher terminals handling volumes and one additional month of Phoenix Global results partly offset the declines. Net income attributable to SunCoke was $21.8 million, compared with $22.2 million a year earlier. The Lisle, Ill.-based company expects 2026 consolidated adjusted EBITDA to modestly exceed the top of its $250 million to $265 million guidance range. Third-quarter consolidated adjusted EBITDA rose $17.8 million year over year (y/y) to $76.9 million.

Cleveland-Cliffs Inc. has confirmed a fatal accident occurred at its Monessen coke facility on Sunday, but said production has not been impacted.

SunCoke Energy's second-quarter financial report showed strong sequential and year-over-year improvements.

Steel and many steelmaking raw materials have been spared from additional forced labor Section 301 tariffs.

The Commerce Department has opened a new Section 232 national security investigation of anthracite and metallurgical coal imports. The department is seeking detailed input from the industry on supply risks, import dependence, and potential national security impacts.

For the next month, CRU forecasts that iron ore demand will fall m/m while metallurgical coal to be stable.

Prices for iron ore, aluminum, pig iron, and shredded scrap have all risen in the last 30 days. Busheling scrap held steady, while zinc and coking coal declined.

This CRU insight demonstrates how the conflict in Middle East supports metallurgical coal prices and iron ore will be impacted by a potential decline in demand from China and rising costs, while the pellet market will be severely disrupted.

The main impact on the ferrous value chain from the Middle East conflict will be the higher energy costs in a prolonged scenario.

All but one of the steelmaking raw materials we track increased in price over the last month

Most steelmaking raw material prices remained stable over the past month. Prices are mixed in comparison to this time last year.

India's JSW Steel reported a 307% year-on-year (y/y) jump in net profit to INR16.5 bn ($188 million, €161 million) in fiscal Q2.

Most steelmaking raw material prices held steady or ticked higher over the past month

Most steelmaking raw material prices we track saw little change across the month of August. Iron ore, pig iron, shredded scrap, busheling scrap, zinc, and aluminum prices all held relatively steady,

Prices for four of the seven steelmaking raw materials we track were unchanged from late June through the end of July, while two increased and one declined. Collectively, these material prices rose 1% month over month (m/m), but are down 3% compared to three months ago.

According to our latest analysis, prices for four of the seven steelmaking raw materials we track declined from May to June. Collectively, these materials declined 3% month over month (m/m) and are down 9% compared to three months ago.

According to our latest analysis, prices for four of the seven steelmaking raw materials we track increased from April to May. However, select materials saw a collective 1% decline month over month and are down 4% compared to three months ago.

Prices for five of the seven steelmaking raw materials tracked by SMU increased from February to March, according to our latest analysis.

While overall steel demand remains weak in the near term, there are reasons to expect metallurgical coal prices will increase over the course of the year, Ramaco says.

Prices for six of the seven steelmaking raw materials SMU tracks are increased from January to February, according to our latest analysis.

Prices for the seven steelmaking raw materials SMU tracks moved in differing directions from December to January, according to our latest analysis.

Prices were stable to down in November for all seven steelmaking raw materials tracked by SMU, according to our latest analysis.

Metallurgical coal production at Metinvest’s Pokrovske Coal operations in eastern Ukraine has declined. But that’s more due to everyday mining challenges than the threat of the Russian army getting closer to the mines, according to the steelmaker and miner based in the city of Zaporizhzhia in southeast Ukraine.

Steelmaking raw material prices strengthened for all but one product in October, a change in pace compared to recent months, according to SMU’s latest analysis.

Steelmaking raw material prices have moved in differing directions across August, a change of pace from the declines seen in June and July, according to SMU’s latest analysis.

Both iron ore and coking coal prices fell this week because of resistance from buyers. Iron ore prices have continued to fall throughout the past week, following sharp declines in steel prices in China, given no new policy announcement from the ‘Third Plenum’ meeting.

The majority of steelmaking raw material prices declined in June, following the same trend seen in May, according to SMU’s latest analysis.

Steelmaking raw material prices have generally declined over the past month according to SMU’s latest analysis.

Steelmaking raw material prices have moved in different directions over the past month, according to SMU’s latest analysis.

SunCoke's earnings soared in the first quarter, with the company citing strong performances in its cokemaking and logistics segments.