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Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for coking coal to make the metal. He wrote in a report dated today.
“China’s crude steel output will grow by around 8 percent in 2010 to above 600 million metric tons. Strong steel output growth will sustain demand for coking coal, a key raw material, at high levels.
“With consolidation of small coalmines in Shanxi Province lagging behind schedule, we expect the resumption of production of many coalmines to be delayed.”
“Coking coal supply in China will remain tight in 2010 while the gross margins of coking coal suppliers will hover around current levels. We forecast coking coal prices to rise by 10 to 15 percent in spring 2010 as the steel sector enters peak season, boosting the gross margins of coking-coal makers.”
“Surging coking coal imports by China will start to change the global coking coal trade landscape in 2010. As the EU’s and North America’s demand for coking coal grows, due to higher steel production, global coking coal supply will continue to be tight, driving up prices.”
Source: Bloomberg
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Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
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- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- VISA Power Limited - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Parliament of New Zealand
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