Industry Analysis & Industry Trends
The Coal Mining industry has lost steam over the past five years. This is because the emergence of natural gas-generated electricity has increased competition for the industry. Emerging market demand for metallurgical coal has created need for this export, as developing countries are extensively building infrastructure and demanding steel-making coals at increasing rates. Additionally, coal stockpiles have remained high around the globe, depressing prices and causing industry revenue to contract. In the five years to 2019, slower growth in emerging economies will hurt demand for US metallurgical coal and cause prices to stagnate. Furthermore, natural gas will continue to erode coal demand, as the appetite for alternative sources of electricity expands globally... purchase to read more
Industry Report - Industry Products Chapter
Coal mine operators in the United States extract four primary types of coal, including lignite, subituminous, bituminous and anthracite. These coals vary in quality, and they are ranked according to their carbon content. Ultimately, these types of coal are modified into the two usage based categories of metallurgical and thermal coal. Metallurgical coal, or coking coal, is a key input into steel production, and thermal coal, or steaming coal, is primarily used a source of energy and heating.
Anthracite and bituminous coal
These types of coal are the top two ranked coals based on carbon content. Anthracite has the highest carbon content and lowest level of impurities... purchase to read more