Annual Report 2010 - Verein der Kohlenimporteure eV

Raw Materials 2009
Mt
Steel Industry
2010 1)
Mt
2011 2)
Mt
Difference
2009/2010
%
Iron Ore 897 986 1,061 10
Coking Coal 201 259 289 29
Scrap 90 99 101 10
Coke 9 13 16 17
Pig Iron 12 12 12 0
Steel Products 225 250 269 11
Total 1,434 1,619 1,748 11
Steam Coal 668 713 744 5
Grain 313 312 343 0
Total
1)
2,415 2,644 2,835 8
2)
HT-P2 Source: Clarkson 04/2011
Moreover, global trade growth in bulk commodities is
above all dependent on the stability of demand in the
Pacific region as a whole. The growth rate of the non-
OECD region from 2009 to 2010 was 6% compared
with the previous year and so could again start off with
former rates of growth.
Delivery Dates
2011
2008 2009 2010 Planned New Builds
M Dwt M Dwt M Dwt M Dwt
Capesize 143 170 210 16
Panamax 115 121 136 33
Handymax 83 92 109 13
Handysize 77 76 82 6
Total 418 459 537 68
HT-P3 Source: Clarkson 05/2011
The overall capacity of bulk carriers recorded the highest
A smaller growth rate is expected for 2011, because
during the economic crisis, numerous orders were
cancelled or contracts terminated because of a lack of
of bulk traffic in 2011, the capacity of the bulk carrier
fleet is more than sufficient. Such fundamental data
therefore indicates that there will be no major upturn
in freight rates.
Global Coal Market Returns to a Path of
Growth
The unexpectedly buoyant world coal trade in 2010
provides a good basis for renewed growth in 2011.
Both the worldwide revival of the steel industry and the
uninterrupted demand for steam coal for power plants
in the Pacific region will most likely continue to serve
as market stimuli.
Development Seaborne Hard Coal Trade
- Import Regions 2010 -
Million t
1500
1000
500
0
1990 2000 2010 2015
Europe/North America
Figure 30 Evaluation of several sources
Asia/Other
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