Vietnamese consumption rises 30% YoY in June 10th july 2018 Vietnamese cement consumption has increased 30 per cent YoY to 8.71Mt in June, according to the Construction Materials Department of the Ministry of Construction. Approximately 6.91Mt was sold domestically (up 29 percent YoY), while 1.8Mt was exported (up 35 per cent YoY). Consumption in the […]
India’s FY19 cement output to rise 6% YoY: ICRA 10th july 2018 With a recovery in the affordable and rural housing markets and infrastructure construction picking up, India’s domestic credit rating agency ICRA expects cement production in India to rise by six per cent in FY19. However, rising input costs will continue to dampen company […]
Coal prices have remained strong but are set to decline 10th july 2018 Coal spot prices have been highly volatile in recent years, with an upward trend since recent lows in April 2018, National Australia Bank says in its latest Mineral & Energy outlook. NAB further said, Hard coking coal prices rose above US$200 a […]
China to cut coal use, curb steel in 2018-2020 pollution plan 10th july 2018 China will cut coal consumption, boost electric vehicle sales and shut more outdated steel and coke capacity in the coming three years, the State Council said in a long-awaited 2018 to 2020 pollution action plan published on Tuesday. China is in […]
After missing 1st-quarter targets, Coal India is facing criticism yet again 10th july 2018 After missing its first-quarter targets, Coal India is facing criticism yet again as the country’s power plants continue to reel under coal stock shortage. This is even after the coal monolith stepped up production and sales dramatically on a year-on-year basis. […]
Coal India Q1 production up by 15 percent to 137 million tonne 10th july 2018 Coal India Limited said it has registered a 15.2 % growth in coal production during the first quarter ended June 2018 to 136.87 million tonne while supply to power plants also jumped by 15.4 % to 122.84 million tonne. A […]
Coal India asks thermal plants not to limit intake to avert future crisis 10th july 2018 State-owned Coal India said it has asked power plants not to restrict intake of coal during monsoon when electricity demand drops usually. “Coal India (CIL) has urged power stations not to restrict intake of coal during monsoon period when […]
Coal India may offer 30 million tonnes of thermal and coking coal for non-power sector 10th july 2018 Coal India plans to offer a mix of 30 million tonnes of thermal and coking coal at its recently announced fourth tranche of long-term supply contract for the non-power sector. In the auction, the offer price for […]
Coal-fired power plants set to get renewed push 10th july 2018 Coal-fired power plants, often regarded as polluting relics in an era of clean energy, are making a comeback in the government’s thinking as an official study says the rapid growth in solar projects needs to be matched with new investment in steady, 24×7 electricity […]
Australia govt sees more iron ore price pain 10th july 2018 The iron ore price continued to retreat on Monday on worries about a slowdown in top consumer China and as trade war fears continue to weigh on the industry. The CFR 62% Fe benchmark import price at the port of Qingdao tracked by Metal […]