Latest News
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General Developments - May 8, 2012
May 8, at 4:10 PMStandard & Poor’s (S&P) have revised India’s long term sovereign credit rating outlook down from ‘stable’ to ‘negative’, while the rating has been affirmed at BBB-. The revision follows... read more
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Thermal Coal News - May 8, 2012
May 8, at 4:14 PMIndia’s pithead coal stock reached a record 75.6 Mt at the end of March’12, a growth of 15% y-o-y. Salva believes that this record stock figure is primarily... read more
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Power/Cement Company News - May 8, 2012
May 8, at 4:18 PMSeven coal-fired power stations run by Maharashtra State Power Generation Company Ltd (Mahagenco) have been burning coal above 34% in ash content, exceeding the permissible limit prescribed by the... read more
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Coking Coal News - May 8, 2012
May 8, at 4:23 PMCoal India Ltd’s (CIL) washed coking coal production in FY11-12 totalled 2.9 Mt, down 9.1% y-o-y. India’s raw coking coal production in FY11-12 increased 4.4% y-o-y to 51.8 Mt. The... read more
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Steel Market News - May 8, 2012
May 8, at 4:24 PMThe Short Range Outlook (SRO) released by the World Steel Association (WSA) forecasts global apparent steel consumption to increase by 3.6% and 4.5% to 1,422 Mt and 1,486 Mt... read more
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Infrastructure News - May 8, 2012
May 8, at 4:27 PMThe Central Bureau of Investigation (CBI) is preparing to file charges against top officials of the Tariff Authority of Major Ports (TAMP) including its Secretary for undue favour to... read more
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Iron Ore News - May 8, 2012
May 8, at 4:30 PMIndia’s largest iron ore exporter Sesa Goa Ltd (SGL) has revealed its capital expenditure plan to finance the ongoing expansion program of its mines and infrastructure facilities in Goa.... read more
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Coming Together - Indian Coking Coal Forecast to 2020
April 19, at 10:22 AMIn recent articles I have discussed alternatives to the blast furnace steelmaking route for India. These alternatives included the induction furnace (IF) and direct reduced iron (DRI) based on... read more
