US coking coal scarce: how scarce the debate?

摘要

Uncertainty abounds in the United States (U.S.)metallurgical coal industry, and competing interestscould make for an intriguing fall.U.S. coal supply is tight and hasn’t offered a vigorousresponse to two years of historically high prices.It is clear, at this point, that any short-term supplyresponse is likely to be modest in comparison tohistorical reactions to high-priced environments. Thatis not to say there has been no supply response.