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CIL hikes prices after two years16-OCT-09
Barely a week after Coal India (CIL) recorded a 20 per cent drop in profit before tax for the first half of this fiscal, the country’s largest coal miner on Thursday announced a much-waited upward revision in coal prices averaging 11 per cent.
SAIL mulls Australian coke mines buy14-OCT-09
Steel Authority of India Ltd (SAIL), the nation’s biggest state-run producer, said it was considering buying coking coal mines in Australia, Indonesia and Mozambique with an Indian government joint venture.
SAIL to import 11 mt of coking coal in 2009-1007-OCT-09
Steel Authority of India (SAIL) today said it will import about 11 million tonnes (mt) of coking coal this fiscal, lower than the imports in 2008-09 due to the recession and the subsequent fall in demand.
Coking coal prices may touch $200/tn in 2010-1129-SEP-09
Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the Indian economy, spot prices of the raw material are expected to firm up in the international market.
NTPC signs coal supply agreement17-AUG-09
NTPC has signed Coal Supply Agreement with Bharat Coking Coal Limited (BCCL) for supply of coal to Feroze Gandhi Unchahar Thermal Power Project.
Rs 9,657-cr rehabilitation plan for coal fields gets nod31-JUL-09
Roads projects worth Rs 7,000 cr cleared.
Gujarat NRE Coke net dips 96% at Rs 3.64 cr20-JUL-09
Gujarat NRE Coke, a leading coking coal producer, today said its net profit declined by 96.14 per cent at Rs 3.64 crore for the quarter ended June 30, 2009, over the same period last year.
Ennore Coke clinches coking coal deals with Rio, BHP18-JUN-09
Ennore Coke Ltd, a domestic maker of coking coal, has finalised the annual coking coal contracts starting April 1 this year with its international suppliers Rio Tinto and BHP Billiton Mitsubishi Alliance (BMA), a joint venture of BHP Billiton and Mitsubishi Development Pty Limited.
BHP agrees to cut 2009 coking coal prices about 58 per cent11-JUN-09
BHP Billiton Ltd., the world’s largest mining company, agreed to about a 58 percent cut in annual coking coal contract prices after demand for the steelmaking material declined.
SAIL, RINL negotiate FY10 coking coal at 60% discount09-JUN-09
State-owned steel giants SAIL and RINL have negotiated the current fiscal's long-term coking coal prices with global suppliers at $115-125 per tonne, which is over 60 per cent lower than what the companies had paid in the last financial year, an official said.
CBI files cases against three Bharat Coking Coal men28-MAY-09
The CBI has registered cases against three officials of Bharat Coking Coal (BCCL) and four officials of a private firm in Dhanbad for allegedly cheating the state-run coal company of Rs 65 lakh.
CIL may hike price of all grades of coal27-MAY-09
Weighed down by the Rs 4,000 crore per annum on account of the upward revision in salaries of its 400,000 employees under the National Coal Wage Agreement (NCWA)-VIIII, Coal India Limited (CIL) is set to go in for an across-the-board hike in coal prices.
Coking coal contract for FY'10 by April-end: Sajjan Jindal16-APR-09
Domestic steel giant JSW Steel is likely to finalise the long-term contract for supply of coking coal in 2009-10 fiscal with global miners like BHP Billiton and Rio Tinto by April-end, a top company official has said.
BCCL rules out cut in coking coal prices14-APR-09
Bharat Coking Coal (BCCL), a subsidiary of Coal India (CIL) has ruled out the possibility of any cut in the prices of coking coal for the annual long-term supply of the raw material to its consumers in 2009-10 despite softening of the prices in the international market.
Coking coal prices, quality are not competitive enough globally11-APR-09
Coal India (CIL), one of the largest coal companies in the world with reserves of 287 million tonnes of coking and non-coking coal, has charted out a growth path with focus on acquisitions. In an interview with Margaret Williams, Chairman Partha S Bhattacharyya talks about various issues, including the roadmap for the company, coal prices in a volatile commodity market etc.
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