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    coal investing

    US Q1 Coal Exports Up 49% from 2010 on Global Supply Disruptions

    Investing News Network
    Jun. 23, 2011 08:08AM PST
    Industrial Metals

    Platts reported that coal exports from the US were up 49% this quarter from the same period a year ago.

    Platts reported that coal exports from the US were up 49% this quarter from the same period a year ago.

    The market news is quoted as saying:

    While metallurgical coal accounted for 64% of total exports, EIA said the main driver of the growth has been “a surge in steam coal” exports, which in Q1 rose 160% year-on-year. Met coal exports in the quarter were 21% above year-ago levels.

    To read the full market news, click here.

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