Source: SNL

Source: SNL

Even with efforts by coal producers to cut the current global supply glut, prospects for U.S. coal exports continue to fade. The United States exported a total of 20.8 million tons of coal in the first five months of 2016, according to data from the U.S. Department of Commerce, a drop of more than a third from export levels over same timeframe in 2015. European imports – the biggest market for U.S. coal – fell by 17 million tons, a 44 percent drop from the first five months of 2015. Asian imports decreased 37 percent.

SNL / Joshua Learn

 

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