We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
 The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013, but is unlikely to be sustainable due to the weak demand for steel, Fitch Ratings says. This should help margins recover later in the year.
While we expect margin pressures to abate, iron ore prices have become more volatile as supply contracts have moved from annual to quarterly or spot pricing, with volatility rising 16% in 2012. This means that both higher-cost producers and consumers of iron ore face higher uncertainty on cash flows.
Iron ore prices have risen around 30% since the start of December, while the price of semi-finished steel products has remained practically unchanged, putting pressure on profits at steelmakers that don't have their own ore supplies. The recovery of iron ore prices follows a fall to their lowest level in more than three years in September. This primarily resulted from destocking by Chinese steel mills. It is likely that the fall in prices resulted in some Chinese mines temporarily halting production, providing further impetus for a price rebound.
But the balance of power in price negotiations is likely to swing back towards steel producers for the rest of the year due to the slowing growth in demand for steel products. Steel producers are unable to transfer increased iron ore costs to customers through an increase of steel products' prices and also have limited ability to absorb increased costs by themselves due to already low operating margins. In Europe weak demand from the construction and automotive markets will lead to a drop in steel production, while in China we believe the rate of steel demand growth has peaked - although production volumes will continue to increase, the rate of growth is likely to be below 5% a year.
These trends mean we expect the ratio of iron ore to steel slab prices to remain close to the 2012 level of 0.25x, rather than the high of 0.29x reached in 2010.
Source: Fitch Ratings
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
Tuesday, 05 February 13
NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 10.77 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,412,497 MT of thermal and coking coal for week ended 0700 hours 4 February 2013, Newca ...
|
|
|
Showing 4391 to 4395 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- PTC India Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
|
| |
| |
|
