COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 07 December 22
INDIA'S STEEL MINISTRY SEEKS IMPORT TAX WAIVER FOR COKING COAL - SOURCES REUTERS REPORTED
India’s steel ministry has asked the finance ministry for a waiver of import tax on coking coal among a slew of raw materials, as it scrambles to fill a shortage of steelmaking ingredients, two government sources said on Tuesday.
 
The proposal to scrap levies ranging from 2.5% to 7.5% in the world’s second biggest producer of crude steel comes ahead of the national budget for 2023/24 set to be unveiled in February.
 
The ministry’s plan to scrap the tax on limestone, manganese ore, steel scrap, graphite electrodes, chrome ore, and ferro nickel, in addition to coking coal, has been sent to the finance ministry, said the sources, who spoke on condition of anonymity.
 
“The idea is to import raw materials, whichever is available, at the lowest possible import duty,” said one of the sources. “We have asked for a waiver, complete removal.”
 
If agreed, the tax waiver on the raw materials would cost about 37 billion rupees ($449 million), the sources said.
 
Spokespersons of the steel and finance ministries did not immediately reply to an email from Reuters to seek comment.
 
Imports of coking coal meet about 85% of India’s annual requirements of about 50 million to 55 million tonnes.
 
Australia is India’s top supplier, and a free trade pact between New Delhi and Canberra that takes effect from Dec. 29 allows duty-free imports of coking coal by India.
 
Stung by a sharp rise in global prices of coking coal, a key raw material in steelmaking, India has been aiming to diversify its purchases.
 
Indian steelmakers’ profits declined this year as global demand slowed and the government slapped an export tax on some steel products.
 
Last month, India scrapped export tax on some steel grades, but industry officials say it will take time to claw back some of the business lost in traditional export markets, such as Europe.
Source: Reuters


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Qatrana Cement - Jordan
  • Pipit Mutiara Jaya. PT, Indonesia
  • GNFC Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Orica Australia Pty. Ltd.
  • TGV SRAAC LIMITED, India
  • LBH Netherlands Bv - Netherlands
  • Salva Resources Pvt Ltd - India
  • The State Trading Corporation of India Ltd
  • GMR Energy Limited - India
  • Maersk Broker
  • Reliance Power - India
  • Indian Energy Exchange, India
  • KPCL - India
  • Toyota Tsusho Corporation, Japan
  • Globalindo Alam Lestari - Indonesia
  • TANGEDCO India
  • Global Green Power PLC Corporation, Philippines
  • Dalmia Cement Bharat India
  • Kobexindo Tractors - Indoneisa
  • Siam City Cement PLC, Thailand
  • Petron Corporation, Philippines
  • Larsen & Toubro Limited - India
  • Star Paper Mills Limited - India
  • Britmindo - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Jindal Steel & Power Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Tamil Nadu electricity Board
  • Posco Energy - South Korea
  • AsiaOL BioFuels Corp., Philippines
  • Agrawal Coal Company - India
  • Surastha Cement
  • GN Power Mariveles Coal Plant, Philippines
  • Lanco Infratech Ltd - India
  • Aboitiz Power Corporation - Philippines
  • TRAFIGURA, South Korea
  • Iligan Light & Power Inc, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Bhatia International Limited - India
  • Indo Tambangraya Megah - Indonesia
  • EMO - The Netherlands
  • Metalloyd Limited - United Kingdom
  • SASOL - South Africa
  • Sakthi Sugars Limited - India
  • PowerSource Philippines DevCo
  • Bharathi Cement Corporation - India
  • OPG Power Generation Pvt Ltd - India
  • White Energy Company Limited
  • Asian Development Bank
  • Kaltim Prima Coal - Indonesia
  • Indian Oil Corporation Limited
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • ETA - Dubai
  • Cigading International Bulk Terminal - Indonesia
  • Bhoruka Overseas - Indonesia
  • Central Electricity Authority - India
  • Merrill Lynch Bank
  • Cosco
  • Thriveni
  • International Coal Ventures Pvt Ltd - India
  • bp singapore
  • Enel Italy
  • Indogreen Group - Indonesia
  • Makarim & Taira - Indonesia
  • Vale Mozambique
  • San Jose City I Power Corp, Philippines
  • TeaM Sual Corporation - Philippines
  • Deloitte Consulting - India
  • European Bulk Services B.V. - Netherlands
  • Sucofindo - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Deutsche Bank - India
  • Geoservices-GeoAssay Lab
  • Sindya Power Generating Company Private Ltd
  • UOB Asia (HK) Ltd
  • Mitsui
  • McConnell Dowell - Australia
  • Bahari Cakrawala Sebuku - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Pendopo Energi Batubara - Indonesia
  • JPower - Japan
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • GHCL Limited - India
  • Edison Trading Spa - Italy
  • Cement Manufacturers Association - India
  • The University of Queensland
  • PTC India Limited - India
  • Arutmin Indonesia
  • ACC Limited - India
  • Barclays Capital - USA
  • CIMB Investment Bank - Malaysia
  • Simpson Spence & Young - Indonesia
  • The India Cements Ltd
  • DBS Bank - Singapore
  • IHS Mccloskey Coal Group - USA
  • Vedanta Resources Plc - India
  • Videocon Industries ltd - India
  • Port Waratah Coal Services - Australia
  • Gujarat Sidhee Cement - India
  • Indian School of Mines
  • KEPCO - South Korea
  • Semirara Mining and Power Corporation, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Permata Bank - Indonesia
  • MEC Coal - Indonesia
  • TNPL - India
  • Barasentosa Lestari - Indonesia
  • Adani Power Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • PetroVietnam
  • CoalTek, United States
  • Mercuria Energy - Indonesia
  • Marubeni Corporation - India
  • Total Coal South Africa
  • Electricity Authority, New Zealand
  • Malco - India
  • CESC Limited - India
  • Coastal Gujarat Power Limited - India
  • Heidelberg Cement - Germany
  • Bayan Resources Tbk. - Indonesia
  • IBC Asia (S) Pte Ltd
  • NTPC Limited - India
  • Xindia Steels Limited - India
  • South Luzon Thermal Energy Corporation
  • Energy Link Ltd, New Zealand
  • PLN Batubara - Indonesia
  • EIA - United States
  • Tanito Harum - Indonesia
  • Renaissance Capital - South Africa
  • Wilmar Investment Holdings
  • Formosa Plastics Group - Taiwan
  • Mercator Lines Limited - India
  • JPMorgan - India
  • IOL Indonesia
  • globalCOAL - UK
  • Banpu Public Company Limited - Thailand
  • Energy Development Corp, Philippines
  • RBS Sempra - UK
  • SUEK AG - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Kohat Cement Company Ltd. - Pakistan
  • Ministry of Finance - Indonesia
  • Noble Europe Ltd - UK
  • Indika Energy - Indonesia
  • Price Waterhouse Coopers - Russia
  • Fearnleys - India
  • Cargill India Pvt Ltd
  • Eastern Coal Council - USA
  • Coaltrans Conferences
  • Timah Investasi Mineral - Indoneisa
  • Kapuas Tunggal Persada - Indonesia
  • Bhushan Steel Limited - India
  • ASAPP Information Group - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Shree Cement - India
  • Altura Mining Limited, Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Lafarge - France
  • Thailand Anthracite
  • GVK Power & Infra Limited - India
  • Moodys - Singapore
  • GB Group - China
  • Glencore India Pvt. Ltd
  • CNBM International Corporation - China
  • Kobe Steel Ltd - Japan
  • Merrill Lynch Commodities Europe
  • Rashtriya Ispat Nigam Limited - India
  • SMG Consultants - Indonesia
  • Australian Coal Association
  • Argus Media - Singapore
  • Bank of China, Malaysia
  • Minerals Council of Australia
  • Thiess Contractors Indonesia
  • Eastern Energy - Thailand
  • Petrochimia International Co. Ltd.- Taiwan
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Africa Commodities Group - South Africa
  • Ind-Barath Power Infra Limited - India
  • OCBC - Singapore
  • World Bank
  • Gujarat Electricity Regulatory Commission - India
  • Independent Power Producers Association of India
  • Platou - Singapore
  • Oldendorff Carriers - Singapore
  • Vitol - Bahrain
  • Bukit Makmur.PT - Indonesia
  • VISA Power Limited - India
  • Platts
  • Adaro Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Economic Council, Georgia
  • London Commodity Brokers - England
  • SGS (Thailand) Limited
  • HSBC - Hong Kong
  • Jatenergy - Australia
  • Australian Commodity Traders Exchange
  • Singapore Mercantile Exchange
  • Cemex - Philippines
  • Malabar Cements Ltd - India
  • NALCO India
  • J M Baxi & Co - India
  • Panama Canal Authority
  • UBS Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Inco-Indonesia
  • Maruti Cements - India
  • Siam City Cement - Thailand
  • Sinarmas Energy and Mining - Indonesia
  • Parliament of New Zealand
  • Bank of America
  • Bukit Asam (Persero) Tbk - Indonesia
  • Antam Resourcindo - Indonesia
  • Humpuss - Indonesia
  • Power Finance Corporation Ltd., India
  • Sical Logistics Limited - India
  • Borneo Indobara - Indonesia
  • Central Java Power - Indonesia
  • Arch Coal - USA
  • CCIC - Indonesia
  • Idemitsu - Japan
  • Georgia Ports Authority, United States
  • Xstrata Coal
  • Inspectorate - India
  • IEA Clean Coal Centre - UK
  • Commonwealth Bank - Australia
  • Coalindo Energy - Indonesia
  • Rudhra Energy - India
  • KPMG - USA
  • Petrosea - Indonesia
  • Anglo American - United Kingdom
  • PNOC Exploration Corporation - Philippines
  • Mitsubishi Corporation
  • Indonesian Coal Mining Association
  • Sojitz Corporation - Japan
  • Semirara Mining Corp, Philippines
  • PLN - Indonesia
  • Gupta Coal India Ltd
  • Tata Power - India
  • Peabody Energy - USA
  • Samtan Co., Ltd - South Korea
  • Shenhua Group - China
  • Freeport Indonesia
  • BRS Brokers - Singapore
  • Global Business Power Corporation, Philippines
  • Coal Orbis AG
  • Uttam Galva Steels Limited - India
  • Pinang Coal Indonesia
  • Interocean Group of Companies - India
  • Indorama - Singapore
  • Savvy Resources Ltd - HongKong
  • MS Steel International - UAE
  • Maharashtra Electricity Regulatory Commission - India
  • The Treasury - Australian Government
  • Ernst & Young Pvt. Ltd.
  • Coeclerici Indonesia
  • Planning Commission, India
  • TNB Fuel Sdn Bhd - Malaysia
  • Mechel - Russia
  • Wood Mackenzie - Singapore
  • APGENCO India
  • Meralco Power Generation, Philippines
  • Mintek Dendrill Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mitra SK Pvt Ltd - India
  • McKinsey & Co - India
  • Samsung - South Korea
  • Grasim Industreis Ltd - India
  • India Bulls Power Limited - India
  • Japan Coal Energy Center
  • Billiton Holdings Pty Ltd - Australia
  • Madhucon Powers Ltd - India
  • Riau Bara Harum - Indonesia
  • Thomson Reuters GRC
  • Intertek Mineral Services - Indonesia
  • Runge Indonesia
  • BNP Paribas - Singapore
  • Ince & co LLP
  • Rio Tinto Coal - Australia
  • Directorate Of Revenue Intelligence - India
  • Standard Chartered Bank - UAE
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Alfred C Toepfer International GmbH - Germany
  • Parry Sugars Refinery, India
  • Romanian Commodities Exchange
  • Thai Mozambique Logistica
  • Maybank - Singapore
  • Baramulti Group, Indonesia
  • Russian Coal LLC
  • Chettinad Cement Corporation Ltd - India
  • Credit Suisse - India
  • Aditya Birla Group - India
  • Berau Coal - Indonesia
  • Coal India Limited
  • Therma Luzon, Inc, Philippines
  • Cardiff University - UK
  • Bangkok Bank PCL
  • KOWEPO - South Korea
  • Ambuja Cements Ltd - India
  • Carbofer General Trading SA - India
  • Karaikal Port Pvt Ltd - India
  • Clarksons - UK
  • Medco Energi Mining Internasional
  • SMC Global Power, Philippines
  • Coal and Oil Company - UAE
  • Electricity Generating Authority of Thailand
  • Infraline Energy - India
  • Tata Chemicals Ltd - India
  • Attock Cement Pakistan Limited
  • Mjunction Services Limited - India
  • WorleyParsons
  • Essar Steel Hazira Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Trasteel International SA, Italy
  • Indonesia Power. PT
  • SRK Consulting
  • Karbindo Abesyapradhi - Indoneisa
  • Cebu Energy, Philippines
  • New Zealand Coal & Carbon
  • Latin American Coal - Colombia
  • Neyveli Lignite Corporation Ltd, - India
  • Gujarat Mineral Development Corp Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Vizag Seaport Private Limited - India
  • Binh Thuan Hamico - Vietnam
  • Ministry of Mines - Canada
  • Leighton Contractors Pty Ltd - Australia
  • Ministry of Transport, Egypt
  • IMC Shipping - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • ICICI Bank Limited - India
  • Thermax Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Bangladesh Power Developement Board
  • U S Energy Resources
  • Bulk Trading Sa - Switzerland
  • Sree Jayajothi Cements Limited - India
  • ING Bank NV - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • World Coal - UK
  • Goldman Sachs - Singapore
  • Kumho Petrochemical, South Korea
  • Global Coal Blending Company Limited - Australia
  • Jaiprakash Power Ventures ltd
  • Chamber of Mines of South Africa
  • Gresik Semen - Indonesia
  • Asia Cement - Taiwan
  • Core Mineral Indonesia
  • Kideco Jaya Agung - Indonesia
  • ANZ Bank - Australia