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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.
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Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...
Thursday, 11 June 20
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 ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
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Showing 916 to 920 news of total 6871 |
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- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
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