Links to previous press releases are below.
Brazilian Steel Output Falls in December
At 2.4 Mt, Brazilian steel production was down 0.3 Mt year-on-year in December, the Brazilian Steel Institute reports. Output in 2019 was 3.2 Mt below the 2018 level at 32.2 Mt, the lowest annual total since 2016.
Japanese Crude Steel Output in December
According to the Japan Iron and Steel Federation, the country’s crude steel output fell 0.7 Mt annually in December to 7.8 Mt. At 99.3 Mt, production in 2019 was 5.0 Mt below the 2018 total.
Indian state refiners are close to signing their first annual deals to buy Russian oil as the country looks to diversify supply, Reuters reports.
India is the third largest crude oil consumer...Read More
Train Cancellations in Queensland Following Derailment
Railing of coking coal through Central Queensland will be disrupted over the next few days following a derailment on the Goonyella system on 19 January, IHS reports. An estimated 15 Mt per annum is handled on Goonyella.
Indian Coal Markets 2019
Derek Langston, Head of Research at SSY, outlined the potential impact of IMO 2020 low sulphur fuel regulations on India’s coal sector at mjunction’s Indian Coal Markets conference on 16-18 September in Kolkata.
Europe Steel Markets 2019
Derek Langston from SSY Consultancy & Research presented on the prospects for the dry bulk freight market at the Europe Steel Markets 2019 conference in Amsterdam on 27 June organised by Kallanish.