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.
|
|
Wednesday, 09 July 14
SHIPPING MARKET INSIGHT - PANOS TSILINGIRIS
The mini-boom in dry bulker values catapulted ship prices too fast too far over the last one-and-a-half year. The concurrence of historically low p ...
Tuesday, 08 July 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN IN JULY; LOST 1.62%
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia again revised down the coal bench mark price in July. HBA for month of J ...
Tuesday, 08 July 14
ENERGY IN THE MIX - INTERMODAL SHIPBROKERS
With the Tanker freight market having showed much promise this year compared to the performance that had been noted during the previous five, it is ...
Monday, 07 July 14
INDONESIA STATE-CONTROLLED COAL MINER BUKIT ASAM TO TRADE COAL ON-LINE THROUGH JFX
COALspot.com: Indonesian state owned coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA) has teamed up with Jakarta Futures Exchange (JFX) to sell ...
Monday, 07 July 14
RBCT, THE WORLD'S SINGLE LARGEST EXPORT COAL TERMINAL SHIPPED 31.91 MMT OF COAL IN H1 2014
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the world’s single largest export coal terminal, shipped 31.91 million ton ...
|
|
|
Showing 3616 to 3620 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
|
| |
| |
|
