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
Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS


Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. said.

Supply of the steelmaking raw material will fall short of demand by 27 million metric tons next year, a gap that will be filled by imports, Citigroup analysts Catherine Wang and Thomas P Wrigglesworth said in a Dec. 4 report.

China’s $586 billion stimulus spending has boosted steel demand from property developers and automakers. Steel output in China may rise 14 percent to 570 million tons this year, Xu Lejiang, chairman of the nation’s biggest producer Baosteel Group Corp., said last week in Beijing.

“Coking coal is our favorite bulk commodity,” the analysts said in the research report. “With limited supply, the sector is set to benefit from high levels of steel production in China.”

Hidili Industry International Development Ltd., southwestern China’s largest producer of coking coal, gained as much as 2.9 percent to HK$9.35 and traded at HK$9.25 at 10:40 a.m. The stock has almost quadrupled this year.

Coking coal demand in China may increase 9 percent to 509 million tons from this year, while production will grow 10 percent to 482 million tons, the report said. The forecast is based on pig-iron production of 597 million tons next year, according to the report.

Benchmark coking coal prices have risen 10 percent since May to 1,260 yuan a ton in Pingdingshan, according to industry researcher Steelhome. Pingdingshan, a city in China’s central Henan province, holds China’s largest reserves of coking coal.
Source: Bloomberg



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

Recent News

Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...


Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...


Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...


Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...


Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...


   1224 1225 1226 1227 1228   
Showing 6126 to 6130 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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