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CNBC News reported that coal prices may fall as consumers turn to natural gas.
CNBC News reported that coal prices may fall as consumers turn to natural gas.
As quoted in the market news:
The price for a ton of metallurgical coal, or coal used to make steel, will drop about 9 percent in 2012 to $256 a ton, compared to $280 per ton last year, [analyst Brian] Yu said in a note to clients late Monday.
Click here to read the full CNBC News report.
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