coking coal, page-4

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    Steaming coal has little to no application in steel production, but there is also a little discussed coal called anthracite which, if the specifications are right, van be used in steel production. Even though it's a higher ranking coal than coking coal, it tends to trade at a price between coking coal and steaming coal. Vietnam has heaps of the stuff, but they use it mainly for power generation. Also lots of it in Russia and South Africa, and Canada as well.

    Before they went off the rails, ZYL were planning on mining anthracite in South Africa, and supplying it domestically to the South African ferro chrome and ferro manganese industries, as well as export it to Brazil for use in steel manufacturing. The idea was to use more anthracite in place of the more expensive coking coal, but the way coking coal prices have tumbled of late, I don't know if there is still a sufficient price differential to make steel users want to use anthracite.

    Check out Atrum Coal (ATU) or some of the old ZYL presentations if you want to know more about anthracite.

 
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