Analysis: Turkish blast furnace plans may boost US coking coal demand
US coal miners and traders may end up benefiting from expansions in Turkey’s steel industry, as coking coal users now confined to Erdemir Group and Kardemir would swell over the next few years based on company plans.
Istanbul-based longs steelmaker Icdas and Kardemir are the current sources of optimism for suppliers eyeing potentially 1 million-2 million mt of extra coking coal.
Read more at: http://www.platts.com/latest-news/metals/london/analysis-turkish-blast-furnace-plans-may-boost-26026257
