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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, 16 August 18
COAL PRODUCTION AT 37.11 PERCENT OF FULL-YEAR TARGET - THE JAKARTA POST
Indonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year.
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Thursday, 16 August 18
OIL MARKET HIGHLIGHTS - OPEC
Crude Oil Price Movements
In July, the OPEC Reference Basket increased marginally by 5¢ m-o-m to settle at $73.27/b. Oil futures saw mixed ...
Tuesday, 14 August 18
THE CAPESIZE MARKET HAS SHOWN A TREMENDOUS COURSE DURING THE PAST 12 MONTHS - THOMAS CHASAPIS
The Capesize market has shown a tremendous course during the past 12 months, having quickly climbed out of the “hole that it had found itself ...
Monday, 13 August 18
A 50,200 DWT FIXED DELIVERY SINGAPORE TRIP VIA INDONESIA REDELIVERY CHINA IN THE LOW $10,000S - THE BALTIC BRIEFING
Capesize
Expectations of a further push in the market were largely unfulfilled last week as rates come under pressure in Asia as the North Atla ...
Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports.
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Showing 1646 to 1650 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Planning Commission, India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Economic Council, Georgia
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
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