Industry Analysis & Industry Trends
Coal is a widely used global commodity, the price of which fluctuates greatly. Demand for both thermal coal and coking coal has increased during the past five years as some emerging economies have shown rapid growth. In the next five years, as the global economy normalizes, steel production will increase, boosting demand for coking coal. In addition, new technology that enables burning low-sulfur coal will increase demand for thermal coal in Western markets while keeping coal's environmental impact to a minimum... read more
The Global Coal Mining industry performance has fluctuated during the past five years. The global market for coal is heavily dependent on trends in electricity generation and raw steel production. Despite a recessionary slowdown in 2009, global coal output has increased over the past five years due to emerging market demand for metallurgical coal (i.e. steel-making coal), thus creating a gold rush for its exports.
The production of thermal coal has expanded more than that of coking coal. More specifically, economic growth in emerging nations such as India and China is driving up the demand for electricity and lifting levels of power generation... read more