U.S. coal producers are going deeper into export markets to offset the decline of domestic thermal coal volumes, which have dropped about 24% since 2015. S&P Global Ratings assumes that U.S producers will export about 60 million short tons of thermal coal in 2018 and that without those exports volume would have declined 33% since 2015. Exports have proven critical to coal produ...
READAccording to the Industry Top Trends 2018: Metals and Mining report by S&P Global Ratings , "The outlook for upstream producers has generally improved, with a modestly positive rating bias for 2018. We expect the focus on financial prudence - particularly among the largest globally diversified miners - to persist into 2018 amid what our base case assumes to be a (continuing) ge...
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