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You are here: Home Archive 2009 August Weekly Edition 20th of August 2009 Chinese coal set to slow in second half

Chinese coal set to slow in second half

by Jim Wilson last modified Aug 20, 2009 03:52 PM

US coal miner Peabody Energy sees slowing Chinese demand for thermal and metallurgical coal after a strong first six months of the year.

Chief executive Greg Boyce said China had built up stockpiles of steel and he was sceptical the country would maintain its pace of imports of metallurgical and thermal coal in the second half of the year.
“We’re seeing signs...

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