COALspot.com keeps you connected across the coal world
  • NOVEMBER 2021 HBA FOR EXPORTS INCREASED BY $33.03% MOM, $85.79 YTM AND $183.50% YOY
  • NOVEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$215.01 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
PTISteel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry executive on Wednesday.
 
A tonne of coal, which was in the range of Rs 4,000-6,000 a tonne, is now costing Rs 8,000-Rs 12,000 a tonne, Jindal Steel and Power Ltd (JSPL) Managing Director V R Sharma told PTI in a telephonic interaction.
 
He made the remarks while responding to a question related to the supply of coal in India.
 
“Steel in India at present is in the range of Rs 50,000-Rs 55,000 a tonne. Shortage of coal has led to an increase in its prices that will have an impact on steel which may also go up due to this unprecedented rise,” he said.
 
Sharma did not elaborate as to what extent the steel prices may go up in the future.
 
Sharma, who has over 35 years of industry experience, said India consumes 1,200 million tonnes of thermal coal or steam coal per year.
 
However, state-owned Coal India Ltd (CIL) produces 800 MT annually, a shortfall of 400 MT.
 
The domestic steel industry alone consumes 150 MT of coal per year, he said adding that for 120 MT or 80 per cent of the requirement, the players remain dependent on CIL. Steel players use coal as fuel to produce power to run plants and produce steel through the directly reduced iron (DRI) route.
 
“CIL is asking the players to come through e-auction to buy the coal. One month earlier, per mega/cal of coal was between 0.70 paise to Re 1. Yesterday (on Tuesday), it was at Rs 2.8 per mega/cal. Nearly three times higher,” Sharma said.
 
It means a tonne of coal, which was earlier in the range of Rs 4,000-6,000 per tonne, is now at Rs 8,000-Rs 12,000 per tonne, he added.
 
Sharma further said the crisis can be managed if CIL increased its production. The company must produce 100 MT coal per month to meet the annual demand of 1,200 MT, which comes from various industries like power, aluminium and copper.
 
India has coal reserves of 350 billion tonnes and CIL does not produce even one billion tonnes, he said.
 
“This is the best time for CIL to exceed the expectations of the country in this need of the hour. The increasing output will not only stabilise the prices but also reduce dependence on imports and make India Atmanirbhar in coal,” Sharma said.
Source: Press Trust of India


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

Recent News

Saturday, 10 February 18
OIL PRICE USD 100/BARREL BY END OF 2018! - SAROJ MOHAPATRA
All demand supplies calculations are going wrong in oil market at present. US production is increasing at a good pace and set to topple Saudi comfo ...


Friday, 09 February 18
COAL BUYERS SPOOKED BY INDONESIA'S NEW SHIPPING RULES - ASSOC
Buyers of Indonesian coal are holding back orders of the fuel after the government issued new shipping rules for coal and crude palm oil that would ...


Thursday, 08 February 18
ENHANCED PRODUCTION BY COAL INDIA LIMITED HELPS DECLINE IN COAL IMPORTS - UNION MINISTER OF RAILWAYS AND COAL
According to press release from PIB, as per the current import policy, coal is kept under Open General License (OGL) and consumers are free to impo ...


Thursday, 08 February 18
A NEW WEEK WITH A SOFT SENTIMENT AND DECREASING RATES IN BOTH HEMISPHERE FOR THE PANAMAXES, SAYS FEARNLEYS
Supramax USG dropping remarkably due to lack of fresh enquiry both for fhaul and bhaul, Supras were fixed from USG to Spore-Japan range now aroun ...


Wednesday, 07 February 18
INDONESIAN COAL PRICE REFERENCE RISES TO HIT THIRTEEN-MONTH HIGH OF $100.69 A TON
COALspot.com: The Indonesian Coal Price Reference (HBA) rose 5.39 per cent in February 2018, the latest ministerial decree showed. The benchma ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 6470
News by Category
Popular News
 
Total Members : 27,644
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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