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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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Thursday, 19 November 15
Q3' 16 RICHARDS BAY COAL SWAP CLOSED 9% LOWER THAN Q1' 16 DELIVERY PRICE
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, 19 November 15
RATES FOR CAPES KEPT MOVING SOUTH - INTERMODAL
COALspot.com: With the BDI currently standing at less than 30 points above the historical lows marked in February this year and with activity acros ...


Wednesday, 18 November 15
MARKET (SHIPPING) INSIGHT - THEODORE NTALAKOS
Supply VS Demand According to data from the IMF, global growth for 2015 is projected at 3.1 percent, 0.3 percentage point lower than in 2014, ...


Tuesday, 17 November 15
KOMIPO INVITES BIDS FOR (SEMI) ANTHRACITE COAL FOR SEOCHEON POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 70,000 Metric Tons of (Semi) Anthracite for Ja ...


Tuesday, 17 November 15
FOB NEWCASTLE COAL SWAPS FALL: Q1'16 SLID 11.45% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $4.75 per ton (11.45%) month over month to US$ 36.75 per ton. The swap ...


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