China Post declared that Taiwan, which imports all of its coal, increased purchases of the commodity for the first time in 8 months after the island’s biggest steelmaker boosted shipments. For full story, click here
After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.
A price war between liquefied natural gas and coal may put a temporary closure to coalmines because of a surge in shipments of the gas from the Middle East into Europe and North America. For full story, click here
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