GLG News by Metallurgical Coal Experts

Steel is the world's most important metal. It is found in nearly every item we use in our daily lifes. Whether it be a pen to sign a check, whether it be the legs of the desk we are signing the check on. We are surrounded by steel.

A surprisingly quick, but predictable ruling by a Federal judge has created significant uncertainties for many Jones Act operators. 

As other likely strategic buyers seem to be backing away, NOL is emerging as the leading bidder for TUI's Hapag-Lloyd.

Thanks to its focus on Africa and other developing region TATA might be not only beneficial to its host countries but to the environment at large, too.

Emerging economies demanding more and more natural resources such as oil, metal on one hand, and global climate change on the other hand demand diverisfied approach to the generation of energy, more advanced utilization of its natural sources. Several countries not only changed its standards of...

Food equipment manufacturing is a growing market that several years ago was very fragmented. It is getting to be more consolidated now. Initially, a UK group Enodis was very carefully and successfully acuiring various European, UK, US and Asian based food equipment manufacturers. Now it is being purchased...

    The BNSF and other railroads charge in new coal transportation tariffs and contracts a fuel surcharge to recover the cost of fuel.  Other freight moves also come under fuel surcharges.  The commentary that follows discusses by the numbers the BNSF’s fuel surcharge on...

    The EPA is currently being challenged in the courts by both the states and industry over various aspects of the Clean Air Interstate Rule (CAIR).  The outcome of the case could provide an opportunity for those trading SO2 allowances.

    SO2 allowances are traded daily in the broker and private party markets.  The value of these credits are down, affecting both the cost to generate electricity on coal and the realized sales price received by coal suppliers.

    The Clean Air Interstate Rule (CAIR) requires a further reduction in NOx from coal-fired power plants starting in 2009.  This reduction in NOx will add to the dispatch cost from coal-fired generation.