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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, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
Wednesday, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
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Showing 361 to 365 news of total 6871 |
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- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
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