Chinese Demand May Save the Coal Industry

The Street reported that demand for coal from China is being targeted by analysts as a rising opportunity in the coal market.

As quoted in the market news:

Signs of resilient Asian and emerging market steel demand may benefit U.S. players like Peabody Energy and Teck Resources with a big presence in Australian and Asia-Pacific metallurgic coal [met coal] mining, says BMO Capital Markets analyst Meredith Bandy.

Click here to read the full Street report.