GIA announces the release of a comprehensive global outlook on the Coal Industry. Coal market world over is forecast to pick up pace in tandem with economic recovery, huge appetite for thermal and metallurgical coal from emerging nations such as China and India, as well as resurgent demand from developed countries in the aftermath of the Japanese nuclear incident. The rising wave of coal prices, stoked by supply constraints due to recent natural disasters, is expected to subside in the near future, thereby redrawing the pattern of global coal trade, consumption and production.
