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

Friday, 18 December 09
COKING COAL SHORTAGE IN CHINA TO SPUR DEMAND FIGHT WITH JAPAN
China, the world’s largest steelmaker, faces a shortage of coking coal that may drive imports next year and spur a fight for resources with Ja ...


Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...


Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...


Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...


Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...


   1231 1232 1233 1234 1235   
Showing 6161 to 6165 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 ...

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