COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 11 August 15
GLOBAL PRODUCTION OF CRUDE STEEL REACHED A NEW ALL-TIME HIGH OF 1,661M TONNES IN 2014 - VDKI
German Coal Importer Association LogoCOALpot.com: Global production of crude steel reached a new all-time high of 1,661m tonnes in 2014, said German Coal Importer Association, in its latest presentation released recentenly. According to VDKi, the modest increase of 1.2% or 19m tonnes occurred mainly in Asia (+ 1.4%) and in the Middle East (+ 7.7%). Production was not increased in Europe or North America either, while it was reduced in Russia, South America and Australia. The pig iron production that is so significant for coking coal, PCI coal and coke consumption increased by only 13m tonnes, or 1%, to 1.18bn tonnes.

German Coal Importer Association further noted that, the supplier structure on the seaborne coking coal world market, which in 2014 grew by 30m tonnes to a total of 309m tonnes, has not changed significantly. While Australia's market share has increased in absolute terms by 15m tonnes, in relative terms it has now fallen by one percentage point to 60%. The USA and Canada, by way of contrast, lost market shares and now jointly account for 27% of the market. Russia managed to double its share to 10%.

“ Worldwide coke production is stagnating at around 682m tonnes. The world coke market, on the other hand, is only a very small market with 19m tonnes and a share of 2.8% in worldwide coke production”, German Coal Importer Association.

Prices
Commenting on prices of coking coal, VDKi noted that, the downward trend in coking coal prices persisted in 2014. As a result of low growth in demand, accompanied by a significant increase in supply and the insufficient decommissioning of mines around the world, both coking coal and coke prices decreased in 2014. While prices of between 127 and 132 US$/t were still being paid for coking coal at the beginning of 2014, this price fell to below 113 US$/t by mid-2014 and remained steady there within a fluctuation range of 110-113 US$/t until the end of 2014. Any belief that the market had bottomed out, however, was crushed at the beginning of 2015, when prices again came under pressure and fell to 100-102 US$/t up until March. The main reason for this is the reduced production of iron and steel around the world.

The Association further said that, the price for a tonne of coke FOB China fell along with the coking coal prices and amounted to some 240 US$/t at the beginning of 2014. In the further course of the first half-year of 2014 the price was fluctuating between 195 US$/t and 237 US$/t and then falling continuously again in the second half of 2014 until it reached 178 US$/t.

German Coal Importer Association also said that, the Germany imported 11.8m tonnes of coking coal in 2014, 15% more than in 2013 (10.2m tonnes). The main supplier countries for Germany are Australia, the USA and Canada.

Freight rates
Association also analysed on trend of freight in 2014 and commented that, this is another market characterised by overcapacities and low prices. In 2014, the Baltic Dry Index (BDI), which is calculated from the indices of the four ship groups Capesize, Panamax, Supramax and Handysize, again surrendered the slight recovery that it had made in 2013 with 1,206 points. By April last year, the BDI had fallen to below 1,000 points and in the second half of the year it reached its all-time low of 723 points.

The reasons for the persistent weakness of the freight market are overcapacities in freight space without any commensurate increases in demand, and a shift of ore and coal imports to the Pacific (in other words Australia) instead of the Atlantic (in other words Brazil for iron ore, the USA and Canada for coking coal) with correspondingly shorter routes. Aside from divergences at short notice caused by seasonal factors, the weekly freight rates for the route Colombia - ARA fluctuated within a range from 6-14 US$/t.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 01 September 15
FOB INDONESIA COAL SWAPS FURTHER SLIDE TO US$ 40.62 PMT; DECLINE 5.34 PERCENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and slightly dropped week over week. The 4Q swap was declined ...


Tuesday, 01 September 15
FOB RICHARDS BAY COAL SWAPS STILL SLIDING; Q2'16 DELIVERY LOST AROUND 6 PERCENT M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 gain week over week but declined month over month. The 4Q swap was dow ...


Monday, 31 August 15
API 5 FOB NEWCASTLE COAL SWAP GAINS WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.85 per MT (-4.23%) month over month to US$ 41.87 per mt. The swap ...


Monday, 31 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP ENDS DOWN MORE THAN 4 PERCENT MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.91 (3.78%) per MT month over month. A commodity ...


Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...


   567 568 569 570 571   
Showing 2841 to 2845 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • TeaM Sual Corporation - Philippines
  • Lafarge - France
  • BRS Brokers - Singapore
  • Maheswari Brothers Coal Limited - India
  • Mitsui
  • Central Java Power - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Asian Development Bank
  • Kideco Jaya Agung - Indonesia
  • Thai Mozambique Logistica
  • Alfred C Toepfer International GmbH - Germany
  • Bukit Asam (Persero) Tbk - Indonesia
  • New Zealand Coal & Carbon
  • Toyota Tsusho Corporation, Japan
  • Tanito Harum - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Medco Energi Mining Internasional
  • Interocean Group of Companies - India
  • Energy Development Corp, Philippines
  • IHS Mccloskey Coal Group - USA
  • India Bulls Power Limited - India
  • TNPL - India
  • ETA - Dubai
  • Australian Coal Association
  • TGV SRAAC LIMITED, India
  • Thomson Reuters GRC
  • Energy Link Ltd, New Zealand
  • TRAFIGURA, South Korea
  • Vedanta Resources Plc - India
  • VISA Power Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Commonwealth Bank - Australia
  • RBS Sempra - UK
  • Simpson Spence & Young - Indonesia
  • ACC Limited - India
  • Bank of China, Malaysia
  • Australian Commodity Traders Exchange
  • Makarim & Taira - Indonesia
  • Mercator Lines Limited - India
  • Coaltrans Conferences
  • Leighton Contractors Pty Ltd - Australia
  • Sucofindo - Indonesia
  • Coalindo Energy - Indonesia
  • Posco Energy - South Korea
  • Altura Mining Limited, Indonesia
  • Samsung - South Korea
  • Rashtriya Ispat Nigam Limited - India
  • Carbofer General Trading SA - India
  • SMC Global Power, Philippines
  • Rio Tinto Coal - Australia
  • GAC Shipping (India) Pvt Ltd
  • SGS (Thailand) Limited
  • Inco-Indonesia
  • PTC India Limited - India
  • IEA Clean Coal Centre - UK
  • World Bank
  • Planning Commission, India
  • Indian School of Mines
  • Uttam Galva Steels Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Adaro Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Parry Sugars Refinery, India
  • CESC Limited - India
  • Formosa Plastics Group - Taiwan
  • Adani Power Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Ministry of Mines - Canada
  • Heidelberg Cement - Germany
  • Aboitiz Power Corporation - Philippines
  • Merrill Lynch Bank
  • Berau Coal - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Star Paper Mills Limited - India
  • Anglo American - United Kingdom
  • Bank of America
  • Jatenergy - Australia
  • Bharathi Cement Corporation - India
  • Fearnleys - India
  • Dalmia Cement Bharat India
  • Electricity Authority, New Zealand
  • BNP Paribas - Singapore
  • KPCL - India
  • Ambuja Cements Ltd - India
  • Merrill Lynch Commodities Europe
  • Xindia Steels Limited - India
  • Arch Coal - USA
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Mitra SK Pvt Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Sical Logistics Limited - India
  • SUEK AG - Indonesia
  • Ministry of Finance - Indonesia
  • Aditya Birla Group - India
  • South Luzon Thermal Energy Corporation
  • Ceylon Electricity Board - Sri Lanka
  • Savvy Resources Ltd - HongKong
  • McConnell Dowell - Australia
  • Therma Luzon, Inc, Philippines
  • Jindal Steel & Power Ltd - India
  • Mercuria Energy - Indonesia
  • globalCOAL - UK
  • Price Waterhouse Coopers - Russia
  • Tata Chemicals Ltd - India
  • McKinsey & Co - India
  • Ernst & Young Pvt. Ltd.
  • Mechel - Russia
  • The India Cements Ltd
  • Semirara Mining Corp, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Clarksons - UK
  • Deloitte Consulting - India
  • PNOC Exploration Corporation - Philippines
  • Geoservices-GeoAssay Lab
  • Mjunction Services Limited - India
  • Borneo Indobara - Indonesia
  • bp singapore
  • International Coal Ventures Pvt Ltd - India
  • J M Baxi & Co - India
  • Maruti Cements - India
  • Global Green Power PLC Corporation, Philippines
  • PowerSource Philippines DevCo
  • Siam City Cement PLC, Thailand
  • Barasentosa Lestari - Indonesia
  • IOL Indonesia
  • Directorate Of Revenue Intelligence - India
  • Inspectorate - India
  • Power Finance Corporation Ltd., India
  • Eastern Coal Council - USA
  • Metalloyd Limited - United Kingdom
  • EIA - United States
  • PLN Batubara - Indonesia
  • Malabar Cements Ltd - India
  • Marubeni Corporation - India
  • Noble Europe Ltd - UK
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • ASAPP Information Group - India
  • MEC Coal - Indonesia
  • Renaissance Capital - South Africa
  • Thriveni
  • DBS Bank - Singapore
  • Cargill India Pvt Ltd
  • Eastern Energy - Thailand
  • AsiaOL BioFuels Corp., Philippines
  • NALCO India
  • Kaltim Prima Coal - Indonesia
  • Ministry of Transport, Egypt
  • Indorama - Singapore
  • ANZ Bank - Australia
  • Idemitsu - Japan
  • Standard Chartered Bank - UAE
  • Peabody Energy - USA
  • Petron Corporation, Philippines
  • GB Group - China
  • Tata Power - India
  • Georgia Ports Authority, United States
  • Cardiff University - UK
  • Bhatia International Limited - India
  • Platts
  • Thailand Anthracite
  • Directorate General of MIneral and Coal - Indonesia
  • Baramulti Group, Indonesia
  • EMO - The Netherlands
  • Kalimantan Lumbung Energi - Indonesia
  • CoalTek, United States
  • Semirara Mining and Power Corporation, Philippines
  • Indian Oil Corporation Limited
  • Port Waratah Coal Services - Australia
  • WorleyParsons
  • Deutsche Bank - India
  • Indonesia Power. PT
  • European Bulk Services B.V. - Netherlands
  • Intertek Mineral Services - Indonesia
  • GNFC Limited - India
  • Sarangani Energy Corporation, Philippines
  • IMC Shipping - Singapore
  • CCIC - Indonesia
  • Bangkok Bank PCL
  • Krishnapatnam Port Company Ltd. - India
  • SRK Consulting
  • Humpuss - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Bukit Makmur.PT - Indonesia
  • Romanian Commodities Exchange
  • Lanco Infratech Ltd - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Ince & co LLP
  • Argus Media - Singapore
  • Bangladesh Power Developement Board
  • Shenhua Group - China
  • Russian Coal LLC
  • Indonesian Coal Mining Association
  • Surastha Cement
  • Petrosea - Indonesia
  • Salva Resources Pvt Ltd - India
  • SMG Consultants - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Agrawal Coal Company - India
  • Coal Orbis AG
  • Bhoruka Overseas - Indonesia
  • Coal and Oil Company - UAE
  • Malco - India
  • Platou - Singapore
  • Permata Bank - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Bhushan Steel Limited - India
  • Singapore Mercantile Exchange
  • ING Bank NV - Singapore
  • LBH Netherlands Bv - Netherlands
  • Thiess Contractors Indonesia
  • MS Steel International - UAE
  • UOB Asia (HK) Ltd
  • OCBC - Singapore
  • Antam Resourcindo - Indonesia
  • Gujarat Sidhee Cement - India
  • Madhucon Powers Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Tamil Nadu electricity Board
  • Sojitz Corporation - Japan
  • Infraline Energy - India
  • Cigading International Bulk Terminal - Indonesia
  • Grasim Industreis Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Larsen & Toubro Limited - India
  • Cemex - Philippines
  • IBC Asia (S) Pte Ltd
  • CIMB Investment Bank - Malaysia
  • HSBC - Hong Kong
  • PetroVietnam
  • Meralco Power Generation, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Indika Energy - Indonesia
  • World Coal - UK
  • London Commodity Brokers - England
  • Riau Bara Harum - Indonesia
  • Rudhra Energy - India
  • Central Electricity Authority - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Arutmin Indonesia
  • Orica Mining Services - Indonesia
  • Japan Coal Energy Center
  • ICICI Bank Limited - India
  • APGENCO India
  • Chamber of Mines of South Africa
  • Maybank - Singapore
  • Total Coal South Africa
  • Coastal Gujarat Power Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Trasteel International SA, Italy
  • Billiton Holdings Pty Ltd - Australia
  • Panama Canal Authority
  • Gujarat Mineral Development Corp Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • CNBM International Corporation - China
  • SN Aboitiz Power Inc, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • The State Trading Corporation of India Ltd
  • Enel Italy
  • Bulk Trading Sa - Switzerland
  • U S Energy Resources
  • PLN - Indonesia
  • Freeport Indonesia
  • Straits Asia Resources Limited - Singapore
  • Kobexindo Tractors - Indoneisa
  • Global Business Power Corporation, Philippines
  • NTPC Limited - India
  • Mitsubishi Corporation
  • Siam City Cement - Thailand
  • Reliance Power - India
  • JPMorgan - India
  • Glencore India Pvt. Ltd
  • KOWEPO - South Korea
  • Electricity Generating Authority of Thailand
  • Barclays Capital - USA
  • Coal India Limited
  • Vizag Seaport Private Limited - India
  • Wilmar Investment Holdings
  • Independent Power Producers Association of India
  • Cebu Energy, Philippines
  • KEPCO - South Korea
  • Credit Suisse - India
  • Binh Thuan Hamico - Vietnam
  • Xstrata Coal
  • Economic Council, Georgia
  • Goldman Sachs - Singapore
  • Oldendorff Carriers - Singapore
  • Manunggal Multi Energi - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Coeclerici Indonesia
  • Shree Cement - India
  • Pinang Coal Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Sakthi Sugars Limited - India
  • KPMG - USA
  • Asia Cement - Taiwan
  • Orica Australia Pty. Ltd.
  • Banpu Public Company Limited - Thailand
  • Moodys - Singapore
  • Videocon Industries ltd - India
  • Sindya Power Generating Company Private Ltd
  • Samtan Co., Ltd - South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Wood Mackenzie - Singapore
  • GMR Energy Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Britmindo - Indonesia
  • UBS Singapore
  • Africa Commodities Group - South Africa
  • Kobe Steel Ltd - Japan
  • Jorong Barutama Greston.PT - Indonesia
  • Core Mineral Indonesia
  • Essar Steel Hazira Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Iligan Light & Power Inc, Philippines
  • Edison Trading Spa - Italy
  • Holcim Trading Pte Ltd - Singapore
  • The University of Queensland
  • Cosco
  • Runge Indonesia
  • White Energy Company Limited
  • Parliament of New Zealand
  • Mintek Dendrill Indonesia
  • Attock Cement Pakistan Limited
  • Gujarat Electricity Regulatory Commission - India
  • SASOL - South Africa
  • Vale Mozambique
  • San Jose City I Power Corp, Philippines
  • Cement Manufacturers Association - India
  • Indian Energy Exchange, India
  • Jaiprakash Power Ventures ltd
  • Latin American Coal - Colombia
  • Globalindo Alam Lestari - Indonesia
  • GVK Power & Infra Limited - India
  • JPower - Japan
  • Qatrana Cement - Jordan
  • GHCL Limited - India
  • Gupta Coal India Ltd
  • Sree Jayajothi Cements Limited - India
  • TANGEDCO India
  • Vitol - Bahrain
  • Pipit Mutiara Jaya. PT, Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Minerals Council of Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kumho Petrochemical, South Korea
  • The Treasury - Australian Government
  • Karaikal Port Pvt Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Thermax Limited - India
  • Gresik Semen - Indonesia
  • Indogreen Group - Indonesia
  • Maersk Broker