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China's steel making industry and the coal mining industry of the Appalachian region in the U.S.
09/27/2012
Between 2004-2011 China's steel making industry expanded rapidly leading to huge demand for metallurgical coal from the Appalachian region. In 2012 prices have dropped about 50% to $170 a ton for met coal, leading to layoffs and closing of mining operations. Patriot Coal of St. Louis filed for bankruptcy protection in 2012.
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In Appalachia, Coal Struggles to Compete With Natural Gas
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China Makes Environmental Case for Increasing Big Coal's Clout
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China's Leaders Move to Rein In Steel Mecca
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The New Future for American Coal: Export It
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Chinese Slowdown Idles U.S. Coal Mines
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As China’s economy slows, real estate bubble looms - The Washington Post
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