Japan coal deal

 
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Post by coalnewbie » Wed. Jul. 27, 2022 12:27 pm

Holy crap

Japan’s Nippon Steel Corporation has signed an agreement with mining and trading giant Glencore for thermal coal supply at $375 per ton


 
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Post by freetown fred » Wed. Jul. 27, 2022 12:31 pm

Simon, are they talkin Anth. or Bit????

 
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Post by coalnewbie » Wed. Jul. 27, 2022 2:36 pm

As Australian Newcastle coal futures closed at $410.45 per ton on Tuesday my guess is bit. Three years ago Indonesia would sell you all the coal you want at $ 75 a ton

 
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Post by tsb » Wed. Jul. 27, 2022 3:12 pm

Maybe the value of the dollar sucks.

 
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Post by coalnewbie » Wed. Jul. 27, 2022 4:47 pm

No the dollar is strong ... the yen sucks so this makes this deal real expensive for the Japs

 
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Post by coalnewbie » Wed. Jul. 27, 2022 5:25 pm

i have been building stocks since Xmas but I am tired of going to the wizzer in the middle of the night and having to step over a pallet of nut

 
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freetown fred
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Post by freetown fred » Wed. Jul. 27, 2022 6:44 pm

What the hell am I?? Chopped liver ya old Limey!!!! :clap:

user_id=5449]
Simon, are they talkin Anth. or Bit????
[/quote]


 
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Post by coalnewbie » Wed. Jul. 27, 2022 7:01 pm

FF i was thinking more of mangled sweetbreads :lol: :lol: . but I thought I answered . .bit and that is real scary
As Australian Newcastle coal futures closed at $410.45 per ton on Tuesday my guess is bit.

 
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Post by freetown fred » Wed. Jul. 27, 2022 9:23 pm

Scary indeed Simon!!! Thanx my old friend--much better sweetbreads (even mangled) then chopped liver!!! :lol:

coalnewbie wrote:
Wed. Jul. 27, 2022 7:01 pm
FF i was thinking more of mangled sweetbreads :lol: :lol: . but I thought I answered . .bit and that is real scary

 
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Post by tsb » Wed. Jul. 27, 2022 9:36 pm

You old coots done talking over each other?

 
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Post by freetown fred » Thu. Jul. 28, 2022 9:38 am

Hell NO!!!!! Time gets shorter every day so---we're takin advantage!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :lol:

 
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Post by franpipeman » Thu. Jul. 28, 2022 11:12 am

just got my coal tuesday while i live around 40 miles saw from the mine price went up almost 100 percent . I ordered my coal late june or early July and there were two prices increases in that time frame i was told . My dealer apologies for the delay that resulted in price of my coal to be 342 a ton delivered. While painful o didnt cry as the dealer truck get 6 miles a gallon diesel.

 
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Post by coalnewbie » Fri. Jul. 29, 2022 12:06 pm

We could have a camp fire party with TSB and discuss the joys of old age and how we gained wisdom over the years. Or we could phone a new hotline 988 .... hahhhha. I am a card ..... hahaaaaaa .. so funny ...damn I broke another rib

 
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Post by Retro_Origin » Fri. Jul. 29, 2022 2:13 pm

Since nobody has asked yet :eh: :eh: :eh: :eh: :eh: is this bituminous or anthracite?

 
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Post by coalnewbie » Fri. Jul. 29, 2022 2:15 pm

bit.......


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