Blog

Indonesia, the world’s largest coal exporter with a global share of around 45%, is on the verge of becoming a major supplier of metallurgical (met) coke thanks to hefty investments by Chinese companies. As per CoalMint estimates, over 17 million...
  • April 13, 2023
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Govt mandates imports to meet peak power demand Shipments from Indonesia, Russia increase sharply Imports likely to remain high in Q1FY24 India’s coal imports increased sharply by around 18% y-o-y to over 237 million tonnes (mnt) in financial year 2022-2023...
  • April 10, 2023
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The massive surge in coal consumption led by ever-expanding power demand has left India scrambling to secure adequate supplies despite a significant push seen towards increasing domestic production. In FY2022-23, the country scaled new heights in coal production. Till February,...
  • March 30, 2023
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In a significant development, Chinese authorities have allowed all domestic companies to import Australian coal, thereby putting an end to ‘informal’ trade restrictions imposed in late 2020. Ports and customs offices have been told to allow Australian coal cargoes. Earlier...
  • March 21, 2023
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Chinese coke plants are trying to increase prices of their products by cutting down production, as per recent reports. Chinese coke chemical companies plan to cut production by 30% to raise coke prices. This proposal was discussed at a recent...
  • March 17, 2023
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China, the world’s top steel producer, is seeking to cut down on its consumption of coking coal for steel production in sync with its ‘dual carbon’ goal of peaking emissions by 2030 and attaining carbon neutrality by 2060. In line...
  • March 10, 2023
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Despite the slump in world crude steel production in 2022, global seaborne trade in coking coal remained strong with imports of Coking coal and PCI increasing by 8% y-o-y to around 319 million tonnes (mnt) from 295 mnt in 2021,...
  • March 1, 2023
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Russia’s seaborne exports of coking coal and PCI coal are estimated to have increased by a sharp 48% y-o-y to 47 million tonnes (mnt) in 2022 from around 32 mnt in 2021, as per provisional data maintained with CoalMint. Although...
  • February 14, 2023
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Indonesia’s thermal coal exports increased by 9% y-o-y to 341.3 million tonnes (mnt) in calendar year 2022 (CY22), CoalMint data shows. Exports to India rose by 57% y-o-y. However, shipments to China and Vietnam recorded a decline in 2022. Indonesian...
  • January 12, 2023
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The ever-growing demand for electricity has increased the reliance on coal globally, especially in emerging economies with underdeveloped renewable energy infrastructures and pressing energy security concerns. Bangladesh is a case in point. The country has increased procurement of imported coal...
  • January 6, 2023
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State-run miner Coal India Ltd. (CIL) has attained new highs in terms of coal production. The company breached the 400-million tonnes (mnt) production mark in the quickest time since its inception. The milestone was attained on 24 November of the...
  • December 30, 2022
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Australia’s Foreign Minister Penny Wong met with her Chinese counterpart Wang Yi in Beijing on 21 December, 2022, as the trading partners seek to stabilise their diplomatic relationship. Wong’s visit is the first by an Australian minister since 2019 and...
  • December 26, 2022
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Iron ore exports from Karnataka are about to resume after a gap of 10 years, SteelMint heard from market sources. Exports from Karnataka were banned in 2012 by the Supreme Court, which was in effect till May this year, with...
  • December 12, 2022
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India’s pellet-making capacity has expanded rapidly in recent years along with the steady rise in crude steelmaking capacity. SteelMint estimates that the country’s pellet production capacity currently stands at 126 million tonnes (mnt), which is 16% higher than 109 mnt...
  • December 7, 2022
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Nepal, a landlocked nation, has registered significant growth in its metallics (sponge iron and pig iron) imports, as per data maintained with SteelMint. The country’s sponge iron imports rose by 120%, while pig iron imports rallied by 390% during January-October...
  • November 5, 2022
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Key Points of Discussion: Goa mine block auctions – process, timeline etc Changing market dynamics & duty impact on Odisha’s mining industry Performance of Indian iron ore industry in H1 FY’23 & near term outlook
  • October 28, 2022
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Key Points of Discussion: POSCO shutdown due to typhoon Hinnamnor Chinese import influx in India Europe energy crisis Export duty on finished product Subdued Indian demand
  • October 28, 2022
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Key Points of Discussion: Global trend of ferro alloys export Govt initiatives Declining trend In export benefits in India Tariff advantage under FTA/ MFN
  • October 28, 2022
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Key Points of Discussion: Indian Ferro Chrome Market Global Market Scenario Demand Drivers and Outlook Chrome ore production and occurrence in India
  • October 28, 2022
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Key Points of Discussion: India’s steel vision 2047 Challenges and enablers in achieving this vision New and emerging decarbonisation strategies
  • October 28, 2022
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Key Points of Discussion: Impact of war on steel capacities, production & exports Challenges being faced Market outlook for the rest of the year
  • October 27, 2022
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Key Points of Discussion: Increasing push towards decarbonization Changing dynamics of steel production and exports Outlook on demand of key steel making raw materials – iron ore & scrap
  • October 27, 2022
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Key Points of Discussion: Demand recovery post COVID & near-term outlook Impact on exports, imports & consumption Steel capacity ramp ups & the way ahead
  • October 27, 2022
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Key Points of Discussion: Ongoing energy crisis & impact on steel industry Demand outlook amidst rising inflation, logistical bottlenecks Price forecast
  • October 27, 2022
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Key Points of Discussion: LME Copper price slump Domestic copper demand Impact of War in Ukraine New demand sectors Register Now
  • October 21, 2022
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