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Mining Weekly.com reports that shares in US coal companies rose yesterday, driven by supply concerns caused by the recent floods in Australia.
Mining Weekly.com reports that shares in US coal companies rose yesterday, driven by supply concerns caused by the recent floods in Australia.
The editorial is quoted as saying:
Steelmakers globally are feeling the effect and are bidding up prices for U.S. exports of high-grade coal that is a key ingredient for producing steel. U.S. metallurgical coal is among the world’s best, analysts said
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.86 | +0.85 | |
| Silver | 28.67 | +0.01 | |
| Copper | 4.52 | +0.05 | |
| Oil | 83.24 | +0.51 | |
| Heating Oil | 2.55 | +0.01 | |
| Natural Gas | 1.76 | 0.00 | |
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