We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
 In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total crude steel production in the 64 countries reporting to Worldsteel reached 451 mln tonnes, down -0.2 percent y-o-y from the same period in 2018, Banchero Costa said in its latest weekly report.
According to Banchero Costa, the year as a whole was still positive, with total output of 1848 mln tonnes, up +3.5 percent y-o-y. This was primarily thanks to a very strong first half of the year, when global steel production increased +4.9 percent y-o-y to 925 mln tonnes in the period January-June. Nevertheless, the global figures hide significant differences in performance across regions. China, the world’s largest producing country, continues to lead gains in steel production,
increasing +8.3 percent year-on year to 996.3 million tonnes in the 12 months of 2019, based on World steel data.
Banchero Costa further noted that, China’s share of global crude steel production increased from 50.9% in 2018 to 53.3% in 2019. China's steel output cut policy for this winter period is similarly soft to the one implemented in 2018, with more autonomy given to provincial governments, and with higher performing mills exempt from the production restrictions. This resulted in a continuation of strong steel production. Despite efforts from the government over the past few years to streamline the industry and make it more financially viable, fragmentation appears to be worsening again. Beijing set a goal for its top 10 steelmakers to own 60% of production capacity by 2020. However, production by members registered with the China Iron and Steel Association (CISA), mostly state-owned firms, grew at +5.9% year-on-year during the first 8 months of 2019. Production by non-members, mostly private firms, surged 19.4%, according to CISA.
Elsewhere, India has recently managed to overtake Japan as the world’s second largest producing country, but its economy has been slowing down considerably. India’s steel production increases just +1.8 percent year-on-year to 111.2 million tonnes in 2019. A deepening credit crunch in India's shadow banking industry following the collapse of a major infrastructure lender in 2018 has sharply dented spending on cars and real estate in India. Domestic steel consumption in September was at its lowest since the start of the fiscal year 2019/20, according to official data. India's GDP growth slowed down to a six-year low of +5% in the April-June quarter. Output from Japan, the world’s third largest producing country, decreased sharply by -4.8 percent year-on-year to 99.3 mln tonnes in 2019 said Banchero Costa.
Similarly negative news are coming from Europe. The European Union as a whole produced 159.4 mln tonnes of crude steel in 2019, down -4.9 percent year-on-year. Steel output in Germany, Europe’s industrial powerhouse, declined by -6.5 percent y-o-y in 2019 to 39.7 mln tonnes. Also in Italy, output declined by -5.2 percent y-o-y to 23.2 mln tonnes in 2019. In France there was a similar decline of -6.1 percent y-o-y to 14.5 mln tonnes. Production in Poland crashed by -10.8 percent y-o-y to 9.0 mln tonnes in the same period. The biggest jump in output in 2019 was in Iran, which saw a +30.1 percent increase to 31.9 mln tonnes.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
|
|
|
Showing 1 to 5 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
|
| |
| |
|