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S&P Global Platts: U.S. Thermal Coal Production Cuts and Consolidation Expected as Export and Domestic Markets Remain Weak-Analysts
October 25, 2019
HOUSTON, Texas, Oct. 25 -- S&P Global Platts, a subsidiary of S&P Global, issued the following news:

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- Production cuts seen needed in Illinois Basin

- Hallador has 88% of 2020 production contracted

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Although the seaborne thermal coal market had a slight price rebound during the third quarter, US exports are expected to remain low this year, forcing more production cuts and consolidation as the domestic market rem . . .

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