Sentences with phrase «strong demand for coal»

However, there is still strong demand for coal abroad.

Not exact matches

«Talking to coal exporters there, «Greed & fear» hears that demand from China for coal is strong while, interestingly, in stark contrast to past practice, China SOE steel producers now pay on time.»

Those winter shutdowns were expected to dampen demand and prices for Australian iron ore and coal in particular, but prices for both commodities have remained strong; iron ore prices have surged 26 per cent since October 31 to be fetching $ US77.74 per tonne on Tuesday, according to Metal Bulletin.

As a result of the strong global demand for steel, coking coal producers negotiated an increase of around 120 per cent in contract prices, with iron ore contract prices generally rising by more than 70 per cent (Graph 39).

While the U.S. boom in shale gas helped push the fossil fuel's share of total global energy consumption from 23.8 to 23.9 percent, coal also increased its share, from 29.7 to 29.9 percent, as demand for coal - fired electricity remained strong across much of the developing world, including China and India, and parts of Europe.

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.

India is also the world's fifth largest greenhouse gas emitter, according to the latest reliable information (CAIT 2007), with a heavy reliance on coal power stations, though India's strong economic growth has meant that demand for electricity often outstrips supply, which has reinforced the need for alternative energy sources.

The «problem» with «Big Oil» and «Big Coal» is that they are profiting almost beyond conception from the growing demand for their products, and they thus have a strong incentive for wanting that demand to remain high and indeed continue to grow.

SecularAnimist wrote, «The «problem» with «Big Oil» and «Big Coal» is that they are profiting almost beyond conception from the growing demand for their products, and they thus have a strong incentive for wanting that demand to remain high and indeed continue to grow.»