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Wednesday, 02 December 20
GLOBAL MINING SECTOR OUTLOOK STABLE DUE TO CHINA'S RECOVERY - FITCH RATINGS
 China’s post-pandemic economic recovery and sizeable infrastructure-focused government stimulus boosted global metals and mining prices, helping to stabilise Fitch Ratings’ expectations for the sector’s performance in 2021. Risks of pandemic-related supply disruptions and slower-than-forecast economic growth will linger next year, but their impact on the sector will be moderate compared with the downturn in 1H20.
Improved demand in the metals and mining sector was primarily driven by a quick recovery in China, fuelled by significant government investments in infrastructure as well as monetary policies that support construction, although a full economic recovery in other regions will take longer. Our stable sector outlook reflects favourable conditions in several important markets, such as iron ore, copper and aluminium. We expect prices to moderate in 2021 and align closer with market fundamentals. Supply-demand dynamics for individual commodities will evolve, reflecting economic growth in various regions and potential supply disruptions driven by pandemic-related restrictions or weather conditions.
Iron ore and gold miners will continue to benefit from robust demand and cash flow generation in 2021. Increasing supply from Brazil is key for reducing the global market deficit, which could be delayed, leading to some upside potential for our price assumptions. We expect the copper and nickel markets to be broadly balanced in the medium term. Demand for nickel, which is used in batteries, could be boosted by the European green recovery pledges that introduce tax breaks and purchase incentives for electric vehicles.
Commodities such as aluminium, zinc, metallurgical coal and thermal coal will remain over-supplied in the near term. Prudent financial policies that could help mitigate emerging risks are key for the ratings in these segments.
Source: Fitch Ratings
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Tuesday, 29 December 20
CORROSION-RESISTANT STEELS FOR CARGO OIL TANKS - DNV GL
KNOWLEDGE TO ELEVATE
Crude oil is a complex mixture of substances at varying ratios and in most cases contains at least some salt water. ...
Tuesday, 29 December 20
CHINA COKING COAL FUTURES RISE FOR THIRD DAY ON SUPPLY WORRIES - REUTERS
Chinese coking coal futures extended gains into a third session on Monday, jumping as much as 6.2% as lower imports, sliding inventories and mines ...
Wednesday, 23 December 20
COKING COAL'S DECLINE LIKELY TO FOLLOW THE PATH OF THERMAL COAL’S PROGRESSIVE DEMISE - IEEFA
Technology disruption the likely theme of global energy markets in 2021
There has been a growing tsunami of climate commitment annou ...
Wednesday, 23 December 20
MARKET INSIGHT - INTERMODAL
As we all know, China forges more steel than the rest of the world combined, and even during this unprecedented pandemic, the nation is set to brea ...
Tuesday, 22 December 20
2021 DRY BULK OUTLOOK - SUPPLY GROWTH - TORVALD KLAVENESS
In the first article in the series we mentioned that dry bulk freight was in a super cycle between 2001 and 2008. The growth in global yard capacit ...
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- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Australian Coal Association
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Planning Commission, India
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- PTC India Limited - India
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