Industry Analysis & Industry Trends
The Coal Mining industry has been volatile over the five years to 2016. The prices of thermal and metallurgical coal surged early in the five-year period, peaking in 2011. Australian coal reentering the global market after flooding in 2011, the emergence of natural gas as a substitute for coal in electricity generation, a slowing Chinese economy and mild winters in the United States that reduced demand for thermal coal all contributed to price volatility. Consequently, coal stockpiles have remained high around the globe. Coal prices are expected to grow slightly in the five years to 2021, as slowing economic growth in major global markets (e.g. China) places downward pressure on product prices... purchase to read more
Industry Report - Industry Products Chapter
Coal mine operators in the United States extract four primary types of coal, including lignite, subbituminous, 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 coals in terms of carbon content. Anthracite has the highest carbon content and lowest level of impurities... purchase to read more