Dateline City:
CAMBRIDGE, Mass.
Coal imports set to peak before end of the decade and decline, major new IHS study says
(February 7, 2013) – Chinese coal imports will peak before the end of the decade and enter a prolonged period of decline, challenging assumptions that the country’s demand for internationally-traded steam coal could continue to rise inexorably, according to a major new IHS study. A moderation of demand combined with a rise in domestic supply and improved transportation will bring international producers into increased competition with domestic suppliers, the study says.
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English