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US coal exports sink again, but thermal coal mines expected to survive

January 7, 2015

Coal exports are down overall in the US, but planned production cuts are likely to offset the softening thermal coal market.  Last winter the polar vortex offset some market conditions, but the US mines should stay competitive even in the absence of another extreme weather event.

While survivable, the current market conditions are less than ideal for US producers.  The 2014 export total is anticipated to be around 97-98 million, the for 2014, with another 20% reduction anticipated in 2015.

Amidst this, Alpha Natural Resources has let their WARN notices expire at many surface mines without any layoff of workers.

Read more at: 

https://www2.snl.com/Interactivex/article.aspx?CdId=A-30503990-11063

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