The seaborne thermal coal market is oversupplied by around 40mn t and a demand-supply imbalance could persist for much of this year as the Covid-19 pandemic dents economic activity.
News ID: 9215 Publish Date : 2020/04/22
Indonesia 's state-owned Pertamina will cut runs rates at some domestic refineries while other refineries will undergo maintenance in stages, following an unprecedented slump in the country's demand for refined oil products from the Covid-19 pandemic.
News ID: 9198 Publish Date : 2020/04/20
Indonesia n coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic.
News ID: 8966 Publish Date : 2020/03/30
Indonesia 's billet imports were recorded at 376,169 MT during Jan’20 to book an M-o-M decline of approximately 20%. Also, the same witnessed a Y-o-Y decline of approximately 41% from 634,221 MT during Jan’19. India, Russia and, Pakistan were noted to be the top billet exporters to the country with 68,933 MT, 68,364 MT and 65,662 MT of billet exports respectively, during the month.
News ID: 8814 Publish Date : 2020/03/17
KSO Sucofindo - Surveyor (KSO SCISI) has issued a notification on 17th Dec'19 related to the inspection of no hazardous and toxic (Non-B3) waste. The notification states that the inspections of non-hazardous and Toxic (Non-B3) waste imported to Indonesia started from 17th Dec’19, by following the norms of Regulations of the Ministry of Trade number 84 of 2019.
News ID: 8022 Publish Date : 2019/12/18
The MAGMA Indonesia User Group Meeting 2019 organized in collaboration with Makmur Meta, successfully drew in over 100 participants from various industries – automotive, engineering, education, manufacturing and jewellery. The event was held at Jakarta, Aston Imperial Bekasi Hotel on 12 November 2019.
News ID: 7991 Publish Date : 2019/12/17
Indonesia n Ambassador to Tehran Octavino Alimudin said that his country is eager to have stronger economic ties with Iran, adding that to boost trade ties, Jakarta has eased visa-issuance process for Iranian traders and businesspeople.
News ID: 7936 Publish Date : 2019/12/13
The Energy and Mineral Resources Ministry of Indonesia has lowered its projections for nickel and bauxite smelter construction by 2022 due to shortfalls in investment. Indonesia ’s government in September expedited the nickel ore export ban by two years to January 2020 from 2022 as part of its efforts to boost expansion of a local smelting industry.
News ID: 7931 Publish Date : 2019/12/12
Indonesia n government’s Ministry of Trade has decided to impose new regulations for import of ferrous scrap - among other waste products - to the country, from 23 Nov’19, SteelMint learned from sources.
News ID: 7655 Publish Date : 2019/11/18
According to a recent report, Press Metal Aluminium Holdings Bhd has bought a 25 per cent stake in PT Bintan Alumina Indonesia for US$80.23 million.
News ID: 7522 Publish Date : 2019/11/18
Indonesia , with the sixth-largest bauxite reserves in the world, reportedly believes that its bauxite downstream can reach US$13 billion next year from the current US$9 billion.
News ID: 7521 Publish Date : 2019/11/18
Indonesia has placed a temporary moratorium on all scrap imports with an inspection date after 22 November as the government begins the implementation of new import regulations.
News ID: 7514 Publish Date : 2019/11/21
Steel production of PT Krakatau Steel Tbk. broke its record for the highest hot rolled coil (HRC) production of 203,315.5 MT in Oct'19. Its previous record was the production of 200,411 MT.
News ID: 7406 Publish Date : 2019/11/07
Russia's state-controlled Rosneft and Indonesia 's state-owned Pertamina have chosen Spanish engineering and construction company Tecnicas Reunidas to carry out initial engineering and design work for the planned Tuban refinery and petrochemical complex in Indonesia 's east Java.
News ID: 7023 Publish Date : 2019/10/30
Diversified miner Freeport-McMoRan is expected to complete mining in the Grasberg open pit by the end of the year, while also ramping up production at its Deep Mine Level Zone (DMLZ) underground mine and Grasberg Block Cave (GBC) mine in Indonesia .
News ID: 6884 Publish Date : 2019/10/23
Indonesia n government is weighing on the proposal of the bauxite-rich province of West Kalimantan for change in royalty rules after the recent increase in bauxite production.
News ID: 6608 Publish Date : 2019/10/11
Ecuador said Tuesday it will leave the Organization of Petroleum Exporting Countries in January.
News ID: 6549 Publish Date : 2019/10/02
According to a recent report, Black & Veatch-led project management consortium (PMC) has been appointed by PT Borneo Alumina Indonesia to manage the development of an alumina refinery in West Kalimantan.
News ID: 6531 Publish Date : 2019/10/04
Indonesia will enforce a complete ban on the export of raw nickel ore from Jan. 1, two years earlier than planned, as the nation seeks to lock in supplies for dozens of smelters that are under construction and buttress a drive to build out local processing capacity, an official said.
News ID: 6289 Publish Date : 2019/09/03
China's coking coal imports rose in July as Chinese steel producers increased their restocking with import quotas at various ports fast running out.
News ID: 6186 Publish Date : 2019/08/26