Global Market for Metallurgical Coal to Show Significant Growth
CHEMMONITOR.COM - The global market for seaborne metallurgical coal is estimated to grow substantially. By 2035, the market is likely to increase by 51% and reach about 394 million metric tons if compared to 261 million metric tons in 2012.
The most significant improvement is predicted to occur in the Asian seaborne metallurgical coal in a view of growing economies in China and India. The Asian region accounts for almost 70% of the overall seaborne coal demand.