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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low grade iron ore while major Chinese companies are buying up ore mines with two billion worth of reserves in Africa. "The ban will surely have an effect because about 50% of our exports are low grade iron ore," Royston Machado, an industry consultant working jointly with China Inspection and Quarantine, said. India sold 107 million tonnes accounting for 18% of Chinese imports in 2009.
The ban came into effect after the China Iron and Steel Association (CISA) advised ore buyers at a conference to stop buying low grade ores. "CISA has not yet issued a formal notification but the ban is already having an effect," Machado said.
The ban has not caused uproar because businesses in India are still not feeling the pinch. China has more than two months of stocks and the offtake from steel mills is low. Another reason is that the Goa port, which ships nearly half of Indian ores to China, is closed for monsoon.
"A clear picture would emerge after the Goa port reopens in October and there is a strong demand. Indian exports would be seriously reduced unless the government reconsiders the ban," sources said. The move was followed by a decision by the National Development and Reform Commission giving a green signal for the purchase of two African mines with reserves totaling 2 billion tonnes.
Three Chinese companies including the Wuhan Iron & Steel, are jointly buying a mine with reserves worth 800 million tonnes at Soalala in Madagascar. Wuhan has also purchased controlling stakes in the Bong Iron Ore company based in Liberia. Bong has proven reserves of over 1.3 billion tonnes.
Source: Times of India / Hellenic Shipping
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Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
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Showing 5611 to 5615 news of total 6871 |
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- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- PTC India Limited - India
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Parliament of New Zealand
- ASAPP Information Group - India
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