US steam coal exports hit a 12-year high in December with exports totalling 2.5 million tonnes. This compared with 1.8 million tonnes in December 2007 and was the highest since December 1996.
Annual steam coal exports for 2008 increased for the fourth consecutive year, at 17.6 million tonnes, the highest annual level since 1999. US coking coal exports in December were down by 45% from November 2008 to 1.6 million tonnes, the lowest monthly total for the year. However, annual coking coal exports for 2008 were35.3 million tonnes, an increase of 36.4% YoY.
Source: Tex Report
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