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No sign of end for decline in coal prices, say producers

Tuesday, August 18, 2015


Coal’s longest price decline in at least seven years shows no sign of ending as producers from Australia to Russia aren’t cutting output, according to a seller owned by Anglo American. BHP Billiton and Glencore.

By maintaining sales volumes, miners are banking on being the first to benefit from a revival in demand, according to Howard Gatiss.






Source: Globe and Mail