Coking coal's wild ride to China might continue with domestic production woes

摘要

The elevator has been up, and the elevator has been down, but current indications are that China's met coal imports might stay at least in the same zip code as the astronomical levels that have been seen in recent months. Here comes news from Bloomberg that the country is going to be short about 3 million metric tonnes/month of domestically produced coking coal. It's not much of a surprise. U.S. Coal Review had noted that fatal accidents and increased mine scrutiny could have a substantial impact on China's domestic met coal production.