Coal burns bright for 2010
by
Sineva Toevai
—
last modified
Feb 09, 2010 10:29 AM
THE COAL industry is poised for a positive year thanks to a rise in both power consumption and steel output, according to Braemer Seascope Research.
The specialist in shipping market analysis predicts that total coal consumption will rise 5% from last year to 6.2bn tonnes and coking coal consumption will increase 12% to 931m tonnes driven by a 16.8% rise in steel production to 1.44bn...
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