US Coal Exports Decline Further
July saw a further decrease in US coal exports (excl. cargoes to Canada), down by 0.4 Mt month-on-month and 1.7 Mt year-on-year to their lowest level since August 2009, at 4.1 Mt, according to official data. This latest decline was primarily due to a sharp drop in coking coal shipments to the EU of only 0.7 Mt in July, the lowest level since April 2009. This brought coking coal to all destinations to 2.2 Mt, down 0.9 Mt from June. By comparison, steam coal exports rose by 0.5 Mt month-on-month to 1.9 Mt.