Research on Patriot Coal Corporation and Peabody Energy Corp. -- Coal Backed by Better Export Figures and Steel Production
10 Juni 2011 - 2:56PM
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Industrial Metals & Minerals industry and has completed
analytical research on
Patriot Coal
Corporation (NYSE: PCX) and
Peabody Energy
Corp. (NYSE: BTU). Register with us today at
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The coal industry is in a good position at the moment despite
increased use of renewable energy sources and waning U.S. demand.
www.stockcall.com/ is an online platform where investors doing
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industry can have easy and free access to our analyst research and
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Increased emphasis on renewable energy poses a threat to coal in
the long-term, but for now, coal is still the number one source for
electricity in the world. Coal may still be able to compete with
renewable energy as more companies invest in "clean coal"
technologies. Visit www.stockcall.com/ to see how companies in this
industry have grown over the past years and how they are expected
to perform in the future.
Greater steel demand is helping companies that produce
metallurgical coal. Coal is still used in roughly 70% of all steel
production. Patriot Coal Corporation, a metallurgical coal
producer, is being helped by steel's comeback. Investors can
register for free to access the research report on Patriot Coal Corporation at
www.stockcall.com/PCX100611.pdf.
High export volumes are partially offsetting weak demand in the
U.S. Specifically, coal shortages in China heading into the peak
electricity demand season could lead to the country importing more.
If so, China would likely look to Australia and Europe first,
benefitting several coal producers. About half of Peabody Energy
Corp.'s value is out of Australia, putting the company in a strong
position if China ups its imports this summer. Investors can
register for free to access the research report on Peabody Energy Corp. at
www.stockcall.com/BTU10611.pdf.
Overall, improved export figures and steady demand from steel
producers are helping coal producers. Renewable energy will always
be a long-term threat but, for now, coal reigns. Register now at
https://stockcall.com/development/stockcall/page.php?name=register.html
to have free access to our reports on the Coal industry.
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