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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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Tuesday, 24 March 20
THE TRIPLE SHOCK OF CORONAVIRUS IN SHIPPING: WILL IT LAST? - DREWRY
Transport capacity shortages, disruptions to supply chains and inability to plan since late January have been a dangerous combination. But will all ...
Tuesday, 24 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.28 PCT - XINHUA
China Taiyuan coal transaction price index stood at 132.74 points Monday, down 0.28 percent week on week.
The index, released by Chi ...
Monday, 23 March 20
CHARTERPARTY REQUIREMENTS TO NOTIFY CLAIMS - TAKE CARE! - WFW
KNOWLEDGE TO ELEVATE
Voyage charterparties frequently require the owner to notify any claim with supporting documents within a relatively shor ...
Monday, 23 March 20
COAL INDIA LIMITED'S ONE-DAY OUTPUT PEAKS AT 3.17 MT - THE HINDU
Coal India Limited (CIL) output peaked at a new high of 3.17 million tonnes (MT) on March 20, overtaking the 3.14 MT production recorded on March 2 ...
Monday, 23 March 20
KOMIPO INVITED BIDS FOR 1.45 MILLION TONS OF COAL FOR JUNE & JULY 2020 LOADING
COALspot.com: Korea Midland Power Co.,Ltd (KOMIPO), on behalf of five Korean Gencos, has issued an international tender for total 1,450,000 MT (&pl ...
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- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
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