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.
|
|
Tuesday, 02 December 14
FOB RICHARDS BAY COAL SWAPS LOST MONTH OVER MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month, week on week and day over day.
The Q1 swap has lost U ...
Tuesday, 02 December 14
SUB-BIT FOB INDONESIA COAL Q1' 15 DELIVERY SWAP CLOSED AT US$ 49.50
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 0.4 ...
Monday, 01 December 14
SGX'S FOB NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 52.50
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.50 on 28 November after losing US$ 1.20 (-2.23%) month ove ...
Monday, 01 December 14
Q2' 15 DELIVERY CFR SOUTH CHINA COAL SWAP CLOSED 0.42% LOWER THAN Q1' 15 DELIVERY CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 2.45 (-3.78%) month over month and US$ 0.67 (-1.06%) we ...
Sunday, 30 November 14
SUPRAMAX COAL FREIGHT RATES FROM INDONESIA TO INDIA : FIRM
COALspot.com: The BDI fell 171 points and closed at 1153 points on Friday 28 November 2014. The Cape index also lost 887 points and closed at 2151 ...
|
|
|
Showing 3336 to 3340 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Australian Coal Association
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
|
| |
| |
|
