We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 08 January 12
ICICI OUTLOOK ON INDIAN POWER, MINING,CEMENT, AND SHIPPING SECTORS PERFORMANCE IN 2012
 Broking firm, ICICIdirect (India) has come out with report on sectors outlook for 2012. IRIS has collated key highlights for each sector from ICICI’s report.
Power - Underperform
The power sector in CY11 was characterized by robust capacity addition (12737 MW taking total capacity to 185,496 MW), tariff hikes, fuel shortages, back down by SEBS, change in Indonesian coal law and rise in interest rates. ICICIdirect expects capacity addition to be robust in CY12 (our bottom up analysis suggests that nearly 9400 MW can be added in CY12). ICICIdirect is cautious as structural issues like policy reforms and fuel shortages are more critical than cyclical factors like falling interest rates. One should stick to regulated entities like NTPC, NHPC (regulated players, less fuel risk, high Actual Contract Quantity from Coal India, sustainable earnings growth via capacity addition).
Metals and Mining - Underperform
CY11 was a challenging year for the metals and mining sector on the back of a muted demand scenario, elevated raw material costs and restriction of mining of iron ore in certain areas. During the first nine months of CY11, prices of key raw materials such as iron ore and coking coal were on an upward trend while in Q4CY11 along with a decline in raw materials costs steel prices also tapered off resulting in no respite for steel companies. As a result, on the back of elevated cost structure the operating margins of steel players remained under pressure for CY11. Going forward, on the back of global uncertainty and a muted demand scenario, ICICIdirect expects global steel demand to remain subdued in CY12.
Cement - Underperform
Cement demand has been sluggish in the past 20 months (growth of 4.4% in FY11 and 4% in YTD FY 12) due to muted off take from construction activities. ICICIdirect finds that cement demand growth has a high correlation with gross fixed capital formation growth as it captures the construction activities. GFCF declined 0.6% in Q2FY12 on account of a slowdown in infrastructure investments, keeping cement demand under pressure. ICICIdirect expects cement demand to grow by 4.5% in FY12E and 8% in FY13E.
Shipping - Underperform
The shipping industry is currently passing through a downturn, which is likely to be prolonged. A moderation in demand and substantial increase in supply on account of new vessel additions is expected to keep freight rates subdued.
(Source : IRIS /Steelguru)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 22 December 11
DRY BULK MARKET KEEPS LOSING TRACTION AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept retreating in the middle of the week, as charterers seem to be looking towards the holiday season and the start of the new ye ...
Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) a ...
Tuesday, 20 December 11
INDIA IMPORTS 66.41 PERCENT MORE COAL FROM INDONESIA LAST MONTH - SOURCES
COALspot.com: Indonesia, the world largest coal exporter, shipped 33.476* mln mt of coal in November, which is slightly higher than its Octobe ...
Monday, 19 December 11
KOPEX COMMITS ADDITIONAL ONE MILLION DOLLAR FOR PT TRANSCOAL MINERGY
COALspot.com - Mining contractor Kopex has agreed to extend a further US$1 million to finance the remainder of the expanded drill program at PT Tran ...
Monday, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its ...
|
|
|
Showing 4921 to 4925 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- The University of Queensland
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Indian Energy Exchange, India
|
| |
| |
|
