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
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



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

Recent News

Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...


Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...


Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...


Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...


Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy After  a  quiet  end  to  last  week,  the  Atlantic  handysize  market  continued&nb ...


   1157 1158 1159 1160 1161   
Showing 5791 to 5795 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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