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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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Wednesday, 25 October 17
SHIPPING MARKET REPORT - INTERMODAL
While the majority of perspective Buyers in the dry bulk second-hand market is currently focusing on modern tonnage, there is also increased activi ...
Tuesday, 24 October 17
KOMIPO INVITED BIDS FOR MIN. 4600 NAR BLENDED SUB-BITUMINOUS COAL OF INDONESIAN ORIGIN FOR BORYEONG OR NEW BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for 5,000,000 Metric Tons of blended sub-bi ...
Tuesday, 24 October 17
CHINA'S INSATIABLE APPETITE FOR THIS ENERGY COMMODITY CONTINUES STRONG - GEORGE LAZARIDIS
Crude oil prices have been seeing some support emerge this past week as supply disruptions in Iraq and a drop in US drilling has helped bolster oil ...
Friday, 20 October 17
U.S COAL PRODUCTION FELL 1.45 PER CENT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Tuesday, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% su ...
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Showing 1906 to 1910 news of total 6871 |
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- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Economic Council, Georgia
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Australian Coal Association
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
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