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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, 02 January 20
SULPHUR 2020 COMPENDIUM - HOW ARE INDIVIDUAL PORT STATES EXPECTED TO REACT? - STANDARD CLUB
KNOWLEDGE TO ELEVATE
With the new sulphur limits soon to be in force, Standard Club has been investigating the ways in which certain jurisdict ...
Monday, 30 December 19
AUSTRALIAN MINERS HIT BY LOWEST THERMAL COAL PRICE IN MORE THAN A DECADE - THE GUARDIAN
Australian coal exporters have experienced the biggest annual drop in thermal coal prices in more than a decade during 2019, raising doubts about i ...
Monday, 30 December 19
INDIA'S COAL IMPORTS RISE 4% TO 161.43 MT IN APRIL-NOVEMBER 2019 - PTI
The country’s coal imports registered an increase of 4.4 per cent to 161.43 million tonnes (MT) in the April-November period of the ongoing f ...
Sunday, 29 December 19
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Sunday, 29 December 19
IMO 2020 COMPLIANCE: IT'S UP TO US TO BE GOOD CITIZENS - IBIA
One of the concerns around implementation of the 0.50% sulphur limit has been, and continues to be, the need for effective enforcement to ensure a ...
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Showing 1216 to 1220 news of total 6871 |
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- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- The University of Queensland
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
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