N. America seen increasing coke market share

Jan 14, 2013 | 10:47 AM | Stacy Irish

Tags  coking coal, coke, coal, Australia coking coal, North America coking coal, Canada coking coal, Stacy Irish

NEW YORK — North American coking coal producers could take market share from those in Australia as new taxes and labor costs make that country’s coking output less competitive.

U.S. and Canadian metallurgical coal is becoming more competitive for Chinese and European producers, since Australia has margin pressure from rising production expenses, according to a report by New York-based investment bank Dahlman Rose & Co. LLC. ....

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