2011 Coal Market Trends
While 2011 was not as radiant as its long term coal projections, both thermal and coking coal markets saw consistent production and consumption growth.
Articles Tagged "xstrata plc"
2011 Coal Trends and Q4 Outlook
Various natural disasters, coupled with continued demand growth from emerging markets, have supported strong prices of both thermal and metallurgical coal markets in 2011, but expect prices to slide in Q4.
Xstrata 2009 coal output up
On Monday, Mining group Xstrata Plc (XTA.L) reported higher 2009 output of its most profitable product, coal, but weaker prices and currency effects will decrease profits when it releases financial results next week.
Major cuts to coking coal prices
Rio Tinto recently gave a big break to JSW Steel Ltd. on an existing contract. The mining major’s move to cut its coking coal prices for the Indian company by 43 percent are a dark sign of things to come for coking coal miners.
