Excellent Overview of U.S. Coal Markets From Nomura Securities….
U.S. Producers at Risk of Falling Off Met Cost Curve We attended day 1 of the IHS McCloskey Coal USA Conference, which has reinforced our unenthusiastic views on U.S. coal equities with the exception of Consol Energy. The weakness of the Australian dollar, increased seaborne supply of met, and broad steel demand weakness ex-China have [...]
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