China’s steel demand grew at an average of almost 16 percent a year for 10 years, which is kind of crazy. It had to cool off, and it is. Few credible sources expect China’s 2002-2014 hypergrowth to return.
That’s bad news for met coal. And it has been a kick in the gut to the US coal industry.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.