South Korea's steelmaker Hyundai Steel has signed a long-term deal with Rio Tinto (Australia) for supply of about 1mln tonnes of coking coal per year, including both hard and semi-soft coking coal in the period from April 2009 to March ...

On August 4, the world's leading steel producer ArcelorMittal signed the purchase agreement to acquire the Koppers's Monessen Coke Plant (the USA) for ...

In September this year, Russian coal miner SP Erel will start the construction project of Ignalinskaya mine, with rated output of ...

Siberian coal miner Sibuglemet (Russia) is planning to expand its coal output to 14.5mln tonnes by 2015. This year, it will produce 12.5mln tonnes, according to the plan. Expansion of production will be achieved by construction of new mines. Thus, a 3mpty mine will be built in the ...

BHP Billiton announced signing an agreement about sale of the Optimum Colliery mine (South Africa) to Optimum Coal Holding. The mine produces 11.6mtpy of thermal coal, of which ...

In order to curb the sweeping price growth on domestic market, on April 29 Indian government announced cancellation of the 5% import duty for some raw materials – i.e. steelmaking coke, granules, powders, steel scrap, ferro-alloys, DRI/HBI, pig iron and zinc – as well as steel ingots and semis, HR and CR coils/sheets, coated coils/sheets, rebar, wire rod, sections and wire. The government has also lifted 14% compensation duty for thermo-mechanically treated bars and structurals (this will mainly relate to the rebar shipments)...

April 23, multinational steelmaker ArcelorMittal said it has signed a preliminary agreement of purchasing coal at a fixed price (an "off-take agreement") from two new mines, currently developed by the South African coal miner ...

Siberian Coal and Energy Company (SUEK) has put up for sale its Komsomolets mine, making part of SUEK's subsidiary, entitled SUEK-Kuzbass. This mine has already depleted its reserves of ...

Italian Coeclerici has bought Kuznetskaya Investment-Construction Company (Russia), owning the license for development of ...

Eniseiskaya Industrial Company (EIC), a mining subsidiary of OPK (Russia), started developing an eastern portion of Elegest Coal Deposit located in Southern Siberian Russia on the Mongolian border. Now the company is performing preparation and ...

ArcelorMittal has finalized the deal of purchasing three coal mines and associated assets in Russian Kemerovo Region for ...

In global market for coking coal, the first contracts have started to be signed. According to Metal Expert data, contract prices will exceed $300/t fob Australia in new fiscal year, while ...

Western Canadian Coal plans to increase coal production from 3.1 to 3.7 mtpy in the new fiscal year. In particular, Wolverine mine will produce 1.8 mln tonnes of hard coking coal and 0.2 mln tonnes of PCI coal, Brule facility ...

En+ Group, the Energy sector of Russian investment management company Basic Element, created a new company ...

Russia's Magnitogorsk Iron and Steel Works (MMK) has acquired a 50% stake in Onarbay Enterprises Ltd, thus increasing its share in Belon coal miner to 41.3%. The deal, which costs $230.4m, will enable MMK to overcome some of its feedstock problems, while Belon, in its turn, will get a ...