Top

US coal miners seen slow to respond to price rally

November 3, 2016

US coal miners specializing in steel-making coal will be slow to lift output, even with prices tripling so far this year, as they need to renew operations shuttered during a five-year price collapse that pushed many into bankruptcy court, industry watchers say.

Delays in bringing on new supplies of steel-making coal, also known as metallurgical or coking coal, are expected to help keep global prices higher for longer.

Read More on American Energy News