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08 Mar
14:31

Corsa sees demand driving 2017 met coal prices

US metallurgical coal supplier Corsa Coal anticipates 2017 prices to be bolstered by strong domestic demand and a stable seaborne market, Kallanish learns from the company’s year-end earnings review. Met coal prices rose by nearly 200% over 2016, ultimately reaching $101.99/short ton in the fourth quarter, Kallanish understands. They’ve since fallen from that peak, Corsa says, but the overall trend is toward elevated prices. “Average real…
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