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

Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...


Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...


Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...


Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...


Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
  A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...


   1244 1245 1246 1247 1248   
Showing 6226 to 6230 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 ...

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