Rise in global met coal trade forecast as US exports slide

Dec 12, 2012 | 11:25 AM |

Tags  metallurgical coal, coal trade, BHP Billiton, Nippon Steel & Sumitomo Metals, Australia Bureau of Resources and Energy, Daisy Tseng

SINGAPORE — U.S. metallurgical coal exports are on course to decline next year while global trade is forecast to rise due to "strong import growth in China and India," Australia’s Bureau of Resources and Energy Economics said in a report Wednesday.

Global trade in metallurgical coal is expected to increase 5 percent to 286 million tonnes, which would be on top of the 5-percent increase anticipated for 2012, according to the report. ....





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