We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 11 August 15
GLOBAL PRODUCTION OF CRUDE STEEL REACHED A NEW ALL-TIME HIGH OF 1,661M TONNES IN 2014 - VDKI
 COALpot.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$/t.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 17 August 15
INDONESIAN THERMAL COAL REFERENCE PRICE HITS RECORD LOW AGAIN!
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT fo ...
Monday, 17 August 15
CFR SOUTH CHINA COAL SWAPS CONTINUE TO HEAD SOUTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 40 (1.05%) per MT month over month.
A commodi ...
Sunday, 16 August 15
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO STEADY NEXT WEEK
COALspot.com: The BDI softened 12.08 per cent to 1055 points this week due to weakening of cape index which was fell 25 per cent week over week to ...
Friday, 14 August 15
FOB INDONESIA COAL SWAP SHOWING NO MOVEMENT THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Friday, 14 August 15
U.S. COAL PRODUCTION UP 2.9 PER CENT THIS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.2 million shor ...
|
|
|
Showing 2866 to 2870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
|
| |
| |
|
