Leading providers of investment research, business and IP research and company valuation services
The global coal market grew by 18.9% in 2007 to reach a value of $312bn. In 2012, the global coal market is forecasted to grow by 14% over 2007 to reach $355.9bn. In volume terms, the global coal market grew by 7.9% in 2007 to touch 6.4 billion short tons. Asia-Pacific accounts for 64.7% of [...]
According to the latest customs data, China exported 2.08 million tonnes of coal in September 2008, down 53.6 % from the 4.48 million tonnes in the same month of last year. After the coal exports hit 6.99 million tonnes in June, the highest in the year, exports began to fall in July and continued to [...]
Crude oil production from Saudi Arabia between February and April 2009 is forecasted to be less than its target of 8 mbd (million barrels per day) set by the OPEC. The kingdom produced 7.95 mbd of crude oil in February. In the entire 2008, crude production stood at 9.3 mbd. In 2009 it is forecast [...]
In September 2008, OPEC agreed to cut crude oil production by 4.2 mbd, about 5% of world’s demand to support oil prices after prices plunged by more than $100 a barrel as recession eroded fuel use. The OPEC members managed to collectively lower production by 3.42 mbd from September to February 2009, thus complying with [...]
The unprecedented growth seen in China has created a strong demand for iron ore. With China’s ongoing infrastructure projects in power stations, ports, highways, and railways, the country needs more iron ore in the coming years. The rapid increase in Chinese steel consumption has created extra demand for iron ore, a key ingredient in the [...]
According to the Brazilian Association of Highly-Recyclable Can Producers, Brazil’s aluminum can industry was expected to grow by 8% in 2008, as the beverage market expanded with the growing economy. It was estimated that 50-60% of the beverage cans sold in Brazil were made from recycled aluminum and around 95% of all cans were recycled [...]
According to the Iron and Steel Association, the profits of the entire Chinese steel industry totaled RMB84.6bn in the year of 2008, down 43.7% year-on-year, while the taxes stood at RMB114.9bn, decreasing by 23%. The sharp decline in steel industry profits was mainly due to cost rise, the global financial crisis, as well as the [...]
In January 2009, cement prices in parts of India were increased by Rs 3 to Rs 4 per 50-kg bag as a result of supply shortages. Dealers said that the price of cement supplied by major producers such as Ambuja Cement, ACC, Ultratech, Grasim and Binani, had increased by Rs3 per 50-kg bag. After the [...]
According to RCNOS, the Cement consumption in India is forecasted to grow over 22% by 2009-10 from 2007-08. The Indian government’s $500bn infrastructure spend in the 11’th five year plan would require 75 Million Metric Tons of cement for building road infrastructure, and 45 Million Metric Tons of cement for power infrastructure. The housing sector [...]
According to the International Lead and Zinc Study Group, zinc consumption is likely to increase by 3.40% to 12.18 million tonnes in 2009. Furthermore, as growth in supply continues to exceed demand, there is likely to be excess capacity of 330,000 tonnes in 2009. Construction and automotive industries consume about 70% of the zinc in [...]
