We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 07 November 17
DRY BULK SHIPPING: TAKE GOOD CARE OF THE RECOVERY SAYS PETER SAND
Demand:
Even without much support from Brazilian iron ore exports during August, capesize rates went from $10,000 to $17,000 per day. In Septembe ...
Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior ...
Tuesday, 07 November 17
PROSPERITY AND WINTER WARMTH REMAIN PARAMOUNT IN CHINA - JEFFREY LANDSBERG
Chinese officials announced recently that 580 gigawatts of coal-derived electricity generation capacity has completed ultra-low emissions reform as ...
Monday, 06 November 17
COAL SHORTAGE HURTS INDIA'S HINDALCO AND VEDANTA SAYS BUSINESS STANDARD
Aluminium smelter operations of Vedanta and Hindalco are at risk of turning unviable due to a coal crunch.
According to Business Standard an I ...
Monday, 06 November 17
MARINE BUNKER EXCHANGE EXPECTS BUNKER PRICES WILL CONTINUE UPWARD TREND NEXT WEEK
World fuel indexes rose during the week, supported by main oil producers’ statements about possible extension of oil production cut agreement ...
|
|
|
Showing 1891 to 1895 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- White Energy Company Limited
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
|
| |
| |
|
