U.S. Coal Markets Hit Bottom
- Published: Tuesday, 22 December 2015 14:19
By Andrew Moore
This year will likely be remembered as the year the U.S. coal market hit bottom. Low demand led to low prices, which yielded production cutbacks, mine closures and some bankruptcies. As a result, U.S. coal production in 2015 is on target to slip to 908 million short tons, the lowest annual amount since 1986.