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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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Sunday, 21 August 22
COAL-RICH POLAND FACES WINTER OF ENERGY DISCONTENT - DW
Poland uses 10 million tons of coal a year to heat households — a whopping 87% of all coal consumed in EU homes in 2019, according to the War ...
Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
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- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
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