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RR1:AU
Rights Issue and Shortfall
US Q1 Coal Exports Up 49% from 2010 on Global Supply Disruptions
Jun. 23, 2011 08:08AM PST
Industrial MetalsPlatts 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.
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