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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, 04 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 ...
Thursday, 04 June 20
DON'T FORGET THE REAL PURPOSE OF RISK ASSESSMENTS - GARD
KNOWLEDGE TO ELEVATE
When doing a risk assessment, we often overcomplicate it and forget its real purpose.
Rather than ensuring that crew ...
Wednesday, 03 June 20
MARKET INSIGHT - INTERMODAL
Once again shipping is about to venture into uncharted waters and before the challenges of the past decade are forgotten, shipowners will have to o ...
Tuesday, 02 June 20
KOSPO LOOKING FOR 80000 MT OF 4200 NCV COAL FOR JULY
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) 4200 NCV coal for 12 - 21, July ...
Tuesday, 02 June 20
INDONESIAN COAL MINER BUMI RESOURCES Q1 OUTPUT UP 5% - REUTERS
Indonesia’s largest coal miner Bumi Resources posted a 5% increase in first-quarter output at 20.8 million tonnes, the company said in a stat ...
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- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- White Energy Company Limited
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
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