We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 05 March 15
INDIA WILL BE THE LARGEST DRIVER OF GLOBAL SEABORNE COKING COAL DEMAND GROWTH IN 2015 - WOOD MACKENZIE
Global 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.
|
|
Thursday, 05 March 15
BUKIT ASAM BOOKED US$ 1 BILLION REVENUE IN 2014
COALspot.com: Indonesian publicly listed and state owned coal miner PT. Bukit Asam, has announced that, the revenue of the company for the period J ...
Wednesday, 04 March 15
AN AGENDA FOR CHANGE - FITCH INDONESIA CONFERENCE
Fitch Indonesia Conference - 5 March 2015
Fitch Ratings will host its annual Indonesia conference on 5 March 2015.
The theme of this year ...
Wednesday, 04 March 15
KEEP CALM AND INVEST IN DRY - THEODORE NTALAKOS
Keep Calm and Carry On was originally a motivational poster, intended to raise the morale of the British public, produced by the British government ...
Tuesday, 03 March 15
INDONESIAN COAL EXPORT VOLUME TO DECLINE 50% BY 2019
COALspot.com: The Indonesian government is planning to reduce coal export volume by 50% within the next five years while keeping its coal productio ...
Tuesday, 03 March 15
INDIAN THERMAL COAL IMPORTS: STEAMING FORWARD - CLARKSONS
Coal-fired power stations comprise around 60% of India’s power output, and with domestic supply issues and favourable international coal pric ...
|
|
|
Showing 3161 to 3165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- PTC India Limited - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Planning Commission, India
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
|
| |
| |
|