coal companies,set for another bumper year.., page-8

  1. 514 Posts.
    its true ports are "chockers"....thats one reason why prices are becoming firm,as the ceo from xstrata(excuse the spelling) said ,"they can not get enough of our coal"
    some coal companies are building railwaylines to meet up with the demand


    to avoid a gympie "scenario,that is to put all your eggs in one basket",one way is to look for companies,with various projects,across the world

    i think you guys are missing the point,most of the coal companies ,are still in fixed price contracts,once they are out of these contracts,expect profits to roll,this has not yet happened ,the price set with coal producers and the japs will set a bench mark for contract prices starting 4\05,for at least 12months,dont expect price of coal to come down in a hurry,steel makers,have plenty of capacity to absorb these price hikes,then there is thermal coal,used for electricity...........
 
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