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Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
 The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to continue”, according to apex industry body SIMA.
Sponge Iron Manufacturers Association (SIMA) Executive Director Deependra Kashiva said India is expected to report a 60 per cent quarter-on-quarter (q-o-q) fall in its sponge iron output during the July-September 2021 period, amid the ongoing coal crisis.
As per the JPC data, the sponge iron production growth in April-June 2021 was 70 per cent, compared with January-March 2021. This is expected to come down by 60 per cent to a level of 10 per cent in the second quarter ended September 30, 2021, due to the coal crisis, he said without providing any figures.
“If the situation is allowed to continue…if the shortage of coal is allowed to continue then I am expecting that in Q3 (October-December), the growth will be negative,” Kashiva told PTI in a telephonic interaction.
He said the JPC data for September will be released by the next week.
The Joint Plant Committee (JPC), under the Ministry of Steel, is the only institution that collects and maintains data on the Indian steel and iron sector.
Speaking further on the situation, he said Coal India Ltd (CIL) recently announced to give coal to only thermal power plants.
“They have said that except for the power sector, we are stopping supply to all industry users, and sponge iron and cement are the two big consumers after the power sector,” the Kashiva said.
He added that the industry consumes about 40 million tonnes of coal annually and has provided three lakh direct and indirect jobs.
Sponge iron or direct reduced iron (DRI) is used in producing semi-finished steel items, ingots and billets, which are further used to make various finished steel items. Coal is a key raw material used to produce sponge iron.
“The production is coming down. The players are using the coal in their inventory…but if the situation continues, the sponge iron industry will be in trouble,” he added.
Source: Press Trust of India
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Tuesday, 14 December 21
COAL LOCK-IN IN SOUTHEAST ASIA PRESENTS A CHALLENGE FOR THE ASIAN DEVELOPMENT BANK'S COAL RETIREMENT PLAN - IEEFA
In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire ...
Saturday, 11 December 21
BUNKER BUYERS LOSE UP TO $5/MT FOR NOT COVERING ENOUGH SUPPLIERS - INTEGR8 FUELS
With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen ...
Tuesday, 07 December 21
SUPERCYCLE DEMAND: ARE WE THERE YET? - WOOD MACKENZIE
Taking young children on a long journey is fraught with challenges, not least the inevitable question a few minutes after leaving: are we there yet ...
Tuesday, 07 December 21
COAL WOULD REMAIN ENERGY LEADER FOR AT LEAST 15 YEARS - LIVEMINT
Coal India Ltd (CIL) has been in the eye of the storm after fuel stocks at coal-fuelled power plants depleted in October. Fuel stocks since are bei ...
Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping su ...
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- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
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