Neil Bristow, co-chair of Met Coke World Summit 2015’s advisory committee, told Mining Weekly Online that a recovery phase in met coal may begin in as soon as Q2 of 2016.
Bristow projects inventories of met coal as currently low and restocking to occur. The demand pushed by the Indian and Chinese markets are likely the largest factors, with the size of the Chinese market dictating much of the potential for growth – or contraction.
Of note were the increases in Chinese steel producers exporting significant volumes of Chinese produced steel made from Chinese coke.
To read more, click here. Link will open in a new window.