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Links to previous press releases are below.

News Dry Cargo Steel

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.

News

Brazil to begin OPEC membership discussions

Brazil will start discussions on joining OPEC when its energy minister Bento Albuquerque visits Saudi Arabia in July, newswires report. Brazilian President Jair Bolsonaro first raised the prospect of...

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News Dry Cargo Steel

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.

News

Indian state-owned refiners to sign annual Russian crude deals

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...

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News Dry Cargo Economy

Global Growth Projected to Rise in 2020

Following an estimated 2.9% in 2019, the IMF projects global growth of 3.3% in 2020, down from the October projection of 3.4%, according to its latest World Economic Outlook. Meanwhile, growth...

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News Dry Cargo Coal

South Korea Coal Imports Climb in December

South Korean coal imports rose 0.6 Mt year-on-year in December to 12.4 Mt, data from IHS reveal. The rise featured a 1.1 Mt increase in steam coal imports (including anthracite) to 10.7 Mt, while inbound...

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News

IMF cuts global growth outlook

The International Monetary Fund (IMF) revised down its global growth estimate for 2020 by 0.1% to 3.3%. This is a projected rise from an estimated 2.9% growth in 2019.

The global markdown was...

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News Dry Cargo Coal

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.

Event Research & Consultancy

Coal Conference Canada 2019

IMO 2020 low sulphur fuel regulations formed a main discussion point in the transportation session at the 2019 Coal Conference Canada from 8-10 October in Vancouver. Derek Langston of SSY Consultancy...

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Event Research & Consultancy

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.

Event Research & Consultancy

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.

Event Research & Consultancy

International Iron Ore 2019

Alexis Ellender from SSY Consultancy & Research was a speaker at the International Iron Ore 2019 conference held in Lisbon from 5-7 June. His paper covered the prospects for the dry bulk market...

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