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Why coal is still red-hot
As China and India industrialise, the demand for steel has increased exponentially. Coal is one of the important raw materials used in the manufacture of steel. Coal prices have doubled over the past year and are expected to spike even further as a power crisis in China combines with supply problems in leading exporting countries to tighten the market. Although various commodities have taken a hard
As China and India industrialise, the demand for steel has increased exponentially. Coal is one of the important raw materials used in the manufacture of steel. Coal prices have doubled over the past year and are expected to spike even further as a power crisis in China combines with supply problems in leading exporting countries to tighten the market. Although various commodities have taken a hard
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