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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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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Ministry of Transport, Egypt
- White Energy Company Limited
- Economic Council, Georgia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
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