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
Thursday, 05 March 15
INDIA WILL BE THE LARGEST DRIVER OF GLOBAL SEABORNE COKING COAL DEMAND GROWTH IN 2015 - WOOD MACKENZIE

Wood MackenzieGlobal demand growth will remain weak because of China’s negative demand growth.

COALspot.com: At Coaltrans India, Wood Mackenzie says India will be central to supporting growth in the global seaborne metallurgical (met) coal market this year, with a two million tonnes (Mt) rise in imports on the cards. Overall however, global growth in the seaborne market will remain broadly subdued thanks to expectations for a further retreat in Chinese imports of 4-5Mt. Following on from last year, China’s appetite for imports has waned thanks to a combination of a slowing steel sector, lower coke prices and the continued uncertainty regarding trace element standards being enforced on met coal imports.

Ronnie Cecil, Principal Steel Analyst for Wood Mackenzie says, “In 2015, the combined net increase in global seaborne demand will just about be sufficient to offset the negative China impact this year. India offers the main ray of hope with steel production growth on course to advance 4% this year boosting demand for imported met coal. Growth wise semi-soft coking coal (SSCC) and pulverised coal injection (PCI) coal, both used in steelmaking, will continue to see imports rise sharply thanks to steelmakers’ ongoing focus on hot metal cost reduction. Meanwhile, the scarcity of good quality premium hard coking coal locally will continue to support imports.”

Looking further ahead, India is expected to remain a key driver of global met coal trade growth over both the medium and long term. Of the 123Mt rise in global trade projected by Wood Mackenzie out to 2035, India is expected to account for 40% of this, with China contributing 28%. Mr Cecil says, “We expect rising Indian demand to overtake Japan - currently the biggest importer - in 2025 before reaching parity with China by 2035. This begs the question of whether India will be the next China.”

For the medium term from now to 2020, Wood Mackenzie says China is expected to resume its charge on the coal import front, with imports heading over 100Mt. However, with peak hot metal demand set to kick-in around the same time at 880Mt, this will temper further upside for Chinese coal imports longer term. For India, it is very much the reverse of this story. Mr Cecil explains, “While the potential for huge steel consumption growth is there in India, the capacity to satisfy that demand is likely to take a longer timeframe compared to China as it is typically constrained by bureaucratic procedures, regulations and permitting issues. As a result, we are less bullish over the medium term anticipating steel growth of 4-5% per annum, before ramping up to 6-7% per annum in the longer term to 2035. This in-turn will skew most of the 51Mt coal import growth in India towards the 2020-2035 timeframe.” 

In summary, Mr Cecil says, “India’s steel sector tells of a positive story through to the longer term. For now, it is  not a dominant force but it is clearly starting to show strength in supporting demand through a very weak and oversupplied global market. It is also one to watch to understand the shift in demand growth concentration when China does eventually reach peak iron and steel demand.”

About Wood Mackenzie:
Wood Mackenzie is a global leader in commercial intelligence for the energy, metals and mining industries. We provide objective analysis and advice on assets, companies and markets, giving clients the insights they need to make better strategic decisions. For more information visit Wood Mackenzie official website



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

Recent News

Thursday, 19 March 15
HANDY: INDO COAL CARGOS DESTINED FOR INDIA BEING FIXED IN REGION OF $ 7-8K - FEARNLEYS
Handy The Handy and Supra market has had a week with mixed signals. Although we see more activity in both hemispheres the rates are only up about ...


Thursday, 19 March 15
INDONESIAN COAL BENCHMARK SOAR 7.69% IN MARCH....!!!
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised up Indonesian coal benchmark prices to US$ 67.76 per MT in March ...


Wednesday, 18 March 15
AVERAGE RATE FOR CAPES MOVED TO BELOW $ 4K/DAY LAST WEEK - INTERMODAL
COALspot.com: The even heavier losses noted in the Capesize segment last week, denied the Dry Bulk market a third weekly positive, while the smalle ...


Wednesday, 18 March 15
PARKING THE CAPES - LINOS KOGEVINAS
It is no secret that recent times have been anything but kind towards shipping, and no sector has suffered more lately than the dry bulk one. While ...


Wednesday, 18 March 15
CHINA-OWNED SHIPS: A RAPID RISE TO BECOME ONE OF THE WORLD'S LARGEST FLEETS - RICHARD SCOTT
Ships operated by owners based in China have become increasingly prominent on the world’s sea routes. China-owned container ships, bulk carri ...


   624 625 626 627 628   
Showing 3126 to 3130 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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