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
Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE

Moody's

- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
 

- EBITDA is expected to grow by about 30% over the next 12 to 18 months as the economy recovers from the pandemic-induced slowdown

 

The outlook for the global metals and mining industry has been changed to positive from stable, Moody's Investors Service says in a report published today. The industry´s EBITDA is expected to grow by about 30% over the next 12 to 18 months as the world economy recovers from the pandemic-induced slowdown and demand for steel, iron ore and copper increases while supplies remain tight.
 
"The positive outlook for the global metals and mining industry stems mainly from rising demand and tight supplies for steel, iron ore and copper as economic activity picks up in the wake of the pandemic," said Barbara Mattos, a Moody's Senior Vice President. "Aluminum, nickel and zinc will remain in surplus in 2021, with aluminum seeing a slow recovery, while nickel and zinc supplies will grow as production levels normalize."
 
Aluminum, a key metal for the aerospace and automotive industries, will remain in surplus as the aerospace sector slowly recovers from the downturn and semiconductor shortages stymie auto production, Mattos says.
 
Copper prices will benefit from low inventories and vulnerability to supply disruptions, while demand for stainless steel and batteries will buttress nickel prices. For the medium term, the transition into greener economies, electric vehicles and renewable energy all point to positive market fundamentals for copper.
 
Meanwhile, steelmakers' operating results and cash flow will improve significantly in the year ahead on the back of historically high prices. Producers in Europe, China and elsewhere are facing rising production costs as they invest in cleaner technologies, while steel prices will gradually soften as supply and demand rebalance. Similarly, in the US and other countries that depend on electric arc furnaces, costs for scrap and other metallics are rising.
 
Although currently high prices for iron ore aren't sustainable, market fundamentals remain strong for 2021 due to supply constraints and a lack of major expansion projects in the coming years, Moody's says. High prices will support strong cash flow for the major producers, some of which will post all-time high cash flow and EBITDA.
 
Coal producers' cash flow and earnings likewise will improve significantly this year, though prices will ease off and the post-COVID bump in demand will subside later in 2021. Demand for thermal coal and met coal, which are used in steel production, will pick up. Low near-term interest rates and the uncertain pace of economic recovery will bolster demand for gold and silver, while prices for rough diamonds will rise amid restocking by cutters and polishers and robust demand from retailers.
 
Industry outlooks reflect our view of fundamental business conditions for an industry over the next 12-18 months. Since outlooks represent our forward-looking view on business conditions that factor into our ratings, a negative (positive) outlook suggests that negative (positive) rating actions are more likely on average. However, the industry outlook does not represent a sum of upgrades, downgrades or ratings under review, or an average of the rating outlooks of issuers in the industry, but rather our assessment of the main direction of business fundamentals within the overall industry.
source: Moody's


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

Recent News

Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1.  The Australian and South African benchmarks have plummeted more ...


Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...


Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...


Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...


Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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