Sentences with phrase «metallurgical coal demand»
Global steel production is expected to increase more than 10 percent in 2010, and global seaborne metallurgical coal demand is expected to increase by more than 50 million tonnes.
https://dotearth.blogs.nytimes.com/ Not exact matches
«We're optimistic that will create demand for our [metallurgical] coal,» Campbell said, but it's too soon to predict if it will translate into new jobs.
«It's really a tale of two markets,» he said, noting that as U.S. thermal coal prices soften, demand for high - grade metallurgical coal and some thermal coal has helped prop up U.S. coal mining activity in traditional high - volume regions like Appalachia and the Powder River Basin.
As domestic demand increases for both thermal and metallurgical coal, China is expected to curtail exports, possibly expanding markets for other regional players like India, Australia and Indonesia.
Besides strong demand for thermal coal, which is burned in power plants, use of metallurgical coal or coking coal, used in blast furnaces, is also expected to more than double in China, to about 1.7 billion metric tons by 2016, as the country's steel mills churn out more steel for automobiles, skyscrapers and export goods, the Peabody study says.
And Trump couldn't influence the global commodities markets to boost prices for metallurgical coal or drive up worldwide steel demand.
In doing so, it disregards the real reasons for its declining profits and layoffs — competition from cheap natural gas and sagging Asian demand for metallurgical coal.
Successive metallurgical and engineering developments — most notably the invention of the coal - burning steam engine by James Watt — engendered an almost insatiable demand for coal.