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Caspian Energy Journal Caspian European Club
Thursday, 28 March 2019 13:00

U.S. coal exports hit record high

U.S. coal exports hit record high

While U.S. coal consumption has generally declined since its 2008 peak, EIA expects that U.S. coal exports reached 116 million short tons (MMst) in 2018, the highest level in five years. Exports of coal from the United States have increased since 2016 as international prices have made it more economic for U.S. producers to sell coal overseas, Caspian Energy News (www.caspianenergy.net) reports with reference to the press statement of the U.S. Energy Information Administration (EIA).

In 2018, the United States exported 15% of its coal, and the remaining 85% was sold to end-use markets, primarily power sector and industrial customers. Coal exports have increased during the past two years. The United States exported 54 MMst of steam coal and 62 MMst of metallurgical coal in 2018.

Strong international demand has led to export prices increasing in recent years; coal export prices have increased in each of the past two years to average $59 per ton for steam coal and $138 per ton for metallurgical coal in 2018.

More details: https://www.eia.gov/todayinenergy/detail.php?id=38774

Person in charge of the newsline: Olga Nagiyeva 

 

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