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Monday, 16 December 19
THE OUTLOOK FOR U.S. THERMAL COAL IS INCREASINGLY STRESSED - MOODY'S
 - Slowing global economic growth, trade tensions will continue to exert influence
- Coal's secular decline will persist in 2020
Moody's Investors Service maintains negative 2020 outlooks for the US coal and US steel industries and a stable outlook for the global base metals sector, amid slowing economic growth and trade frictions, the rating agency says in its annual report.
The stable outlook for global base metals is driven by supply/demand fundamentals despite weaker GDP rates and lower Purchasing Managers Indexes (PMIs). However, a challenging macro operating environment warrants some caution for the sector.
"Geopolitical and economic concerns as well as trade tensions will once again overshadow the global base metals markets in 2020, continuing the pressures experienced as 2019 as deceleration in global economies took hold," says Carol Cowan, Moody's Senior Vice President. "ESG considerations will also continue to increase in visibility, demanding more transparency and improvement from the industry."
Moody's negative outlook for the US steel industry reflects its expectation that weaker fundamentals will hold in 2020, prices will not rebound significantly and planned new capacity will weigh on market sentiment.
"It's a tale of 2 steels – EAF producers will continue to benefit from lower scrap costs, helping mitigate lower realized steel prices, while blast furnace producers will continue to face higher iron ore costs and likely-increasing costs related to environmental compliance," says Cowan.
Meanwhile, Moody's expects US coal producers' cumulative EBITDA to decline by more than 3% over the next 12 months, due to a substantive decrease in export prices in 2019 among other factors.
"The outlook for thermal coal is increasingly stressed, with ESG factors weighing heavily on demand from utilities," says Benjamin Nelson, Moody's VP-Senior Credit Officer. "Our long-term outlook for North American thermal coal calls for a substantial volume reduction over the next decade, driven by utilities switching to natural gas, where we expect prices will remain low, and renewable energy, which still benefit from government subsidies."
Moody's outlooks for 2020 consider fundamental credit conditions that will affect sectors for the next 12-18 months.
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Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax
Another slow start to the week with somewhat softening rates and few fixtures.
According to Fearnleys Weekly Dry bulk report, the N ...
Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...
Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines.
According to bp, the rise in coal prices ...
Wednesday, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
A war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the st ...
Wednesday, 05 July 17
TROUBLE SEEMS TO BE LOOMING ONCE MORE IN THE STEEL INDUSTRY - GEORGE LAZARIDIS
Trouble seems to be looming once more in the steel industry as US President Trump puts forth his plans for specialist protectionist measures for th ...
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Showing 2011 to 2015 news of total 6871 |
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- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Central Electricity Authority - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
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