Chinese coal output cuts said unlikely

Aug 06, 2013 | 10:12 AM | Daisy Tseng

Tags  metallurgical coal, China output, production cuts, Luther Lu, Coal Sentinel, Yang Jinxian, Umetal, Colin Hamilton Macquerie Group

SINGAPORE — Chinese metallurgical coal producers are unlikely to cut production even though the market has deteriorated over the past six months, analysts told AMM sister publication Steel First.

"Yes, China should cut (coking coal) production, but it will not do so because the government will have policies to help (producers) cut costs," Luther Lu, managing director at research firm Coal Sentinel Inc., said.....

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