Ongoing strength in steel demand has contributed to a considerable tightening of
the coking coal market.
Not exact matches
Since the bulk of the United States»
coking coal is sold to other countries, tariffs on foreign steel would shrink the international
market for
coal and may break Trump's promise to resuscitate the US
coal industry.
However, in response to high global prices — especially for
coking coal — in the Asian
market, export production has been increasing.
The
market place for
coal is divided into thermal
coal (for electricity production) and metallurgical
coal (or
coking coal, used for smelting).