Global miner BHP Billiton has agreed to take a 58 percent price cut for the coal it sells to major steel-makers, in line with market expectations and a sharp dip in the international steel industry. Sydney-based Patersons Securities coal analyst Andrew Harrington stated: We had assumed 60 percent decline. For full story, click here
Continue reading "BHP Billiton declared 2009 steel-making coal prices slipped 58%"
CoalInvestingNews.com maintains a focus on Coal exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Coal Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on coal trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Wednesday, June 10, 2009