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, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL


Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that demand for seaborne metallurgical, or steel-making, coal in China is slowing.

Analyst Curt Woodworth said demand is slowing because Chinese domestic metallurgical coal production is increasing and China has built excess inventory of steel.

He also said Chinese steel production appears unsustainably high.

The analyst believes that steel production will likely decline moderately in China over the next several months following substantial increases in production levels experienced since April.

Woodworth noted that the fundamentals for thermal coal, used mainly by electric utilities to generate electricity, continue to worsen and said he expects producers to lower 2010 volume expectations this quarter.

Woodworth believes that the substitution of natural gas, instead of coal by electric utilities, has negatively impacted U.S. thermal coal demand by about 50 million tons.

This is significantly above the forecast displacement rates of about 20 million tons articulated by most producers earlier in 2010, the analyst said.

Woodworth expects thermal coal demand to remain depressed unless natural gas prices were to increase significantly in the short run. The analyst downgraded Massey Energy Co and Alpha Natural Resources Inc  to "neutral" from "outperform" as he expects earnings to remain very weak over the next two quarters.

He also believes the market has become overly bullish on their ability to export met coal at higher prices in the second half of 2009.

Woodworth also cut Peabody Energy Corp and Patriot Coal Corp to "underperform" from "outperform," saying that these stocks are now trading near the high end of historical valuation levels.
Source:Reuters



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

Recent News

Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...


Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...


Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...


Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...


Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenf ...


   1277 1278 1279 1280 1281   
Showing 6391 to 6395 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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