BOF Steelmakers Input Costs Rise as Coking Coal Prices Surge | TSI Eye on the Market



BOF Steelmakers Input Costs Rise as Coking Coal Prices Surge | TSI Eye on the Market

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Coal is the official state mineral of Kentucky.

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About: BOF Steelmakers Input Costs Rise as Coking Coal Prices Surge | TSI Eye on the Market

Coal stock

Coal is extracted from the ground by coal mining, either underground by shaft mining, or at ground level by open pit mining extraction.
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Coal is primarily used as a solid fuel to produce electricity and heat through combustion. World coal consumption was about 7.25 billion tonnes in 2010 The price of coal increased from around $30.00 per short ton in 2000 to around $150.00 per short ton as of September 2008. In early 2015, it was trading near $56/ton.

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