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Monday, 23 November 15
NEGATIVE 2016 OUTLOOK FOR WESTERN EUROPEAN STEEL - SAYS FITCH RATINGS

COALspot.com: European steel in 2016 are both negative for the sector and for issuer ratings.

This reflects our expectation that import levels, particularly from China, will remain at high in 2016. In the absence of tariffs or other similar measures imports will continue to place downward pressure on EU steel prices and producer margins.

The outlook for demand from steel-consuming sectors is, however, more promising and factors in a continuing eurozone recovery. We expect all of the key steel-consuming sectors - construction, automotive and mechanical engineering - to show increasing growth in 2016. Steel consumption overall is expected to increase 2%-2.5%, moderately higher than the 1.6%-1.8% growth expected for this year.

Engineering activity is expected to remain the weakest sub-sector but even here we expect growth approaching 1.5% in 2016. 



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Friday, 27 November 15
INDONESIA COAL SWAPS: WEEK ENDING 20 NOVEMBER CLOSED HIGHER COMPARED TO THE PREVIOUS WEEK
COALspot.com: Indonesian coal swaps for delivery Q1 2016 declined month on month and up on week over week. Coal prices seen slight improvements thi ...


Friday, 27 November 15
FOB RICHARDS BAY COAL SWAPS UP FROM LAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 up week over week and month over month. The Q1’ 2016  swa ...


Thursday, 26 November 15
ITALY'S STEAM COAL IMPORTS EXPECTED TO REACH 16 MILLION TONS AND COKING COAL IMPORTS TO AMOUNT TO 4 MILLION TONS - ASSOCARBONI
ASSOCARBONI LOOKS AT COAL FROM A DIFFERENT ANGLE -  “Coal has made huge steps towards environmental sustainability, making itself t ...


Thursday, 26 November 15
DRY BULK MARKET WILL REBOUND EVENTUALLY, BUT THINGS WILL BECOME EVEN WORSE BEFORE THEY IMPROVE SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the dry bulk market’s benchmark, the Baltic Dry Index (BDI) reached an all-time late last week and has failed to rebound significantly eve ...


Thursday, 26 November 15
Q3'16 FOB NEWCASTLE COAL SWAP FALLS 27.5% SINCE 20 FEB 2015
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $5  per ton (12.05%) month over month to US$ 36.50 per ton. The s ...


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