Met coal producers hope for price recovery in Q2 2013

摘要

With metallurgical coal prices expected to drop even further in the first quarter of next year, producers are already beginning to look to Q2 for a possible recovery, Davenport & Company said Monday. ”Meetings with the coal companies confirmed … [that] met coal markets will likely remain weak for the next 6 plus months,” analyst Christopher Haberlin said in a report written after attending his firm's 7th annual Metals & Mining Conference last week.