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Saturday, 09 October 10
SAIL SEEKS LONG-TERM COKING COAL SUPPLY FROM GLOBAL COMPANIES - BUSINESS STANDARD
 State-owned Steel Authority of India (SAIL) Friday invited bids from global companies for long-term supply of coking coal to feed its expanding steel business. "Expression of Interest (EoI) are invited from eligible reputed overseas coal producers/ overseas coal suppliers of imported coking coal, interested in entering into long term agreement," the company said in an advertisement.
The interested companies have to submit their bids to the steelmaker by October 28, 2010, it said.
Coking coal, along with iron ore is a vital steel-making input. The country's largest steelmaker is rich in iron ore reserves but lacks deposits of coking coal. It imports a significant quantity of coking coal from countries like Australia to run its business.
Through, International Coal Ventures, a consortium with PSUs like NTPC, Coal India, the steel major is scouting for coking coal resources in countries like the US, Mozambique, Indonesia among others.
Coking coal prices are also hovering in the range of over $200 a tonne as against $125 a tonne last year.
SAIL Chairman C S Verma had earlier floated the idea of combining the resources of all the industry players to create a "war chest" for "big ticket" buyouts of coking coal mines abroad.
Meanwhile, another PSU under the steel ministry, Kudremukh Iron Ore Company (KIOCL), has invited bids from domestic iron ore miners and traders for supply of five lakh tonnes of iron ore to be utilised for pelletisation at its Mangalore plant.
The interested companies can participate in a meeting held on October 20, 2010, it added.
Source: Business Standard/PTI
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Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
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- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Minerals Council of Australia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
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