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Wednesday, 20 January 21
CORONAVIRUS OUTBREAK IN HEBEI HAS LIMITED IMPACT ON CHINA'S STEEL INDUSTRY - FITCH RATINGS
 The recent Covid-19 outbreak in the steel producing hub Hebei will not have material impact on China’s steel industry, Fitch Ratings says.
The most significant effect from the recent outbreak is the closure of certain transportation routes, which could delay raw material and product deliveries. However, we think steel production will be only minimally affected in the short term because the current restrictions are implemented in only some cities in the province. In addition, demand for steel products is generally weaker during winter when there is less construction activity. In the past few years (excluding exceptions caused by Covid-19), the new fixed-asset investment growth rate was in the low single digits in winter and in the mid to high single digits during the rest of the year.
Most steel plants maintain sufficient raw materials for operation in the short term, and steel plants usually plan for maintenance during the winter. Steel production in winter (November to February) during the last three years (excluding exceptions caused by Covid-19) was, on average, around 90% of the output for the rest of the year.
The closure of certain transportation routes began on 5 January 2021, and China’s steel product inventory level has increased by around 6% week on week since then. This increase is in line with that seen in previous years around the same time. Therefore, we think inventory build-up from the latest measures to curb the Covid-19 outbreak should not be significant.
However, prolonged restrictions or wider implementation of the measures could have a considerable impact on the steel industry. Extended logistics restrictions could mean insufficient raw materials for steel plants to continue production and delivery delays that could lead to inventory build-up. Construction around restricted areas may also be dampened, which will reduce demand for steel products.
Source: Fitch Ratings
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Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
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- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Australian Coal Association
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
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