No Country For US Coal Miners; Citi Revises Price Targets

International Energy Agency Executive Director Maria van der Hoeven said in Paris last week that as much as half a million tons of additional coal-producing capacity could come on to the market every day for the next six years. This includes both coking coal, used in steel-making, and thermal coal required for power generation.

Coking coal in global oversupply
According to analysts, strong coking coal demand has been . . .


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