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Engineering and mining journal (1926), 1993-03, Vol.194:3
Ort / Verlag
United States
Erscheinungsjahr
1993
Link zum Volltext
Beschreibungen/Notizen
1992 was a year in which demand for traded coal moved upward in the steam-coal sector though it remained stagnant for metallurgical coal. Both Australia and South Africa exported record volumes and new extrants to the market came from Indonesia and Venezuela. Despite this upward movement in demand, coal prices slipped relentlessly downward to the point where at the year-end, significant mine closures were occurring throughout the world. The main question for 1993 is how long can the producers go on hurting before the prices start to move up The overall world demand for steam coal is discussed.