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China, India to Account for 68% Met Coal Demand Growth Over 2010-2015: BHP
Sep. 30, 2011 10:46AM PST
Industrial MetalsPlatts reported that India and China will make up 68% of demand for metallurgical coal, according to BHP Billiton (NYSE:BBL).
Platts reported that India and China will make up 68% of demand for metallurgical coal, according to BHP Billiton (NYSE:BBL).
The market news is quoted as saying:
Chinese coking coal demand is seen rising by 233 million mt, and India’s by 94 million mt, out of a total demand growth of 483 million mt over the period. Global coking coal consumption is to rise by 3% CAGR between 2010 and 2020, and seaborne demand by 5%, BHP forecast.
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