We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
 The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elevated speculation in the steel futures market, says Fitch Ratings. Fitch expects supply of steel to increase as rising prices lead to capacity resumption, but without a sustainable rise in demand. This will put significant pressure on steel prices in the near term.
According to Fitch, the Chinese steel product prices have increased over 60% year to date. For instance, prices for hot-rolled steel - one of the most widely traded products - increased to CNY3,229 per tonne from CNY1,994 per tonne at the beginning of 2016. Fitch believes the price surge is mostly driven by a seasonal pick-up in fixed-asset investment activity from a low base in the first two months of 2016. This is exacerbated by increased speculation in the steel futures market, driven by liquidity in the financial system.
On the demand side, Fitch said, fixed-asset investment was up 10.7% yoy in 1Q16. Of this, infrastructure was up 19.6% and property 6.2%. Infrastructure investment growth was in line with Fitch's expectations and the usual spurt following the Chinese New Year holidays. However, the pick-up in property investment came earlier than expected. Fitch did not anticipate an increase until 2H16, from a low base in the previous year. Overall, Fitch does not foresee a strong increase in steel demand during 2016 and expects overall fixed-asset investment growth to remain at around 10%, a similar level to 2015.
On the supply side, Fitch commented that, average daily crude steel production was lower in January and February 2016, at around 2.02 million tonnes, compared to 2.21 million tonnes in 2015. Production fell significantly at the end of 2015 due to low steel prices. The total capacity suspended (capacity that is partially in operation or mostly non-operating) in 2015 amounted to around 60 million tonnes, of which only an estimated 15 million tonnes to 17 million tonnes was permanently shut-down and eliminated from the market. With prices now surging, many of the suspended plants have resumed production. This was partially reflected in March 2016 production figures, where daily crude steel production rose to 2.28 million tonnes, up 12.9% compared to January and February 2016.
Fitch expects production to increase further in April, as the suspended furnaces are fired up. This, together with weak demand growth for steel in 2016, is likely to soon result in declining steel prices.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 06 September 15
AUTOMATION AND TECHNOLOGY IS CERTAINLY PART OF THE SOLUTION FOR IMPROVING PERFORMANCE AND EFFICIENCY TO MAKE THE MINE OPERATIONS MORE PROFITABLE, HOWEVER............ - LUKE JALSEVAC
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Luke Jalsevac, Director, Busines ...
Sunday, 06 September 15
THE CAPE SIZE INDEX ROSE 10.83 PER CENT WEEK OVER WEEK
COALspot.com: The BDI, the Baltic exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, declined o ...
Saturday, 05 September 15
DRY BULK MARKET MAY SUFFER NOW, BUT IS BOUND FOR A RECOVERY THANKS TO A LIMITED FUTURE FLEET GROWTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The slow increase of dry bulk tonnage growth this year could turn into a solid indicator of the market’s future prospects. According to a rec ...
Friday, 04 September 15
U.S. COAL PRODUCTION FOR THE W/E AUGUST 29, UP SLIGHTLY; FALL 4.5 PERCENT Y-Y: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.7 million shor ...
Friday, 04 September 15
GOVERNORS WILL HAVE THE POWER TO REVOKE MINERS' PERMITS: ENERGY MINISTRY - JG
Starting Oct. 1, Indonesia's governors will lawfully become "executors" in revoking the licenses of miners that fail to secure a &quo ...
|
|
|
Showing 2831 to 2835 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- PTC India Limited - India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
|
| |
| |
|
