Thursday, June 23, 2011

US Coal Exports Surge: UP 49%

First quarter 2011 exports of US coal reached 26.6 million tons, jumping 49%.  Coking coal accounts for 64% of the coal exported but exports of steam coal (power plants) led the boom in exports.  Steam coal exports skyrocketed 160%. 

Coal exports reached the highest level since 1992 and could exceed 10% of US coal production.

You have one guess about where most of the coal is going.

2 comments:

  1. I can guess but it's depressing wherever it is going.

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  2. Europe mostly.

    But if you want a country breakdown the leaders are: Japan, South Korea, the Netherlands, and Brazil.

    http://www.eia.gov/cneaf/coal/quarterly/html/t7p01p1.pdf

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