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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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Saturday, 24 February 18
CHINA BECOMES WORLD'S SECOND LARGEST LNG IMPORTER, BEHIND JAPAN - EIA
China surpassed South Korea to become the world’s second-largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS ...
Friday, 23 February 18
ESTIMATED U.S. WEEKLY COAL PRODUCTION UP 2.8 PER CENT W/E 17 FEB' 18 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.6 million short tons ...
Thursday, 22 February 18
WHY THE COMMODITY RALLY WILL GET BACK ON TRACK - SIMON FLOWERS
Implications for the US dollar and producers
Are we in the early stages of a sustained rise in commodity prices? And what does it mean for the ...
Thursday, 22 February 18
PANAMAX: IT HAS BEEN A SLOW AND UNEVENTFUL WEEK - FEARNLEYS
Supramax
Slight improvement from Atlantic with more hope for upcoming weeks. More grain cargoes from Black Sea made fhaul rates better again $17- ...
Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can ...
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Showing 1796 to 1800 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Planning Commission, India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Australian Coal Association
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
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