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Strong US Coal Exports Continue
Lifted by a 33-month high of 3.9 Mt in exports to Europe, plus further robust shipments to Asia (2.6 Mt), US coal exports (excluding Canadian cargoes) climbed to the highest level since March 2014 in October at 7.8 Mt, up by 3.9 Mt year-on-year, data from the country’s National Mining Association show. This included strong annual growth in shipments of both steam (+2.6 Mt to 4.0 Mt) and coking coal (+1.3 Mt to 3.8 Mt). At 66.5 Mt, shipments of all coal types in January-October were up by 28.6 Mt on the same period in 2016.