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Paragon Report released research on Arch Coal Inc. (NYSE:ACI), Patriot Coal Corporation (NYSE:PCX) and the outlook for the coal industry.
Paragon Report released research on Arch Coal Inc. (NYSE:ACI), Patriot Coal Corporation (NYSE:PCX) and the outlook for the coal industry.
As quoted in the press release:
In addition, the $23 billion in approved steel projects will look to boost demand for metallurgical coal, which plays a crucial role in the steel making process. Steel output in China is expected to reach 700 million tons in 2012 according to the China Iron and Steel Association.
Click here for the Paragon Report press release.
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