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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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Saturday, 16 October 21
COAL IS 'KING' AS GAS PRICES SOAR, TOTAL CEO SAYS - AND IT’S BACKFIRING ON CLEANER ENERGY GOALS - CNBC
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grap ...
Saturday, 16 October 21
VIETNAM'S COAL-FIRED POWER MAY DOUBLE BY 2030 UNDER DRAFT ENERGY PLAN - REUTERS
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime min ...
Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on ...
Friday, 15 October 21
WINTER CHILL KEEPS CHINA'S COAL PRICES HIGH, POWER CRUNCH STOKES INFLATION - REUTERS
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel t ...
Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...
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- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
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