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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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Wednesday, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the d ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
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- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Australian Coal Association
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
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