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Coal prices trend up as production contracts: ABARE

HIGHER global demand and lower production capacity are expected to place upward pressure on metallurgical and thermal coal prices in 2001, according to the Australian Bureau of Agricultural and Resources Economics.

MiningNews.Net

Blast furnace output in 2001 is forecast to increase marginally in most countries that import metallurgical coal, but this growth will be largely offset by an expected contraction in Japan. ABARE reported...

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