Growth in both the steam and coking coal markets will be strongest in developing Asian countries, where demand for electricity and the need for steel in construction, car production, and demands for appliances will increase as incomes rise.
Surprising coal markets: while the world coal demand is diminishing, the steam coal price doubled in 2016. After five years of uninterrupted price decline and a sluggish world demand, this strong price hike might appear as paradoxical.
Jun 11, 2012· Top Stories of the Week: Indonesian and US supply drives coal prices lower A surge of exports of thermal coal (used for power generation) from Indonesia and the increasing exports from the USA caused by domestic replacement of coal demand by gas demand are driving thermal coal prices to the lowest point in 2 years.…
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