US coal exports reached a six-year record in June 2024
Published by Alfred Hamer,
Editorial Assistant
Dry Bulk,
Gross US coal exports in June 2024 totalled 10 million short tons, the most in a month since October 2018, data from EIA's Short-Term Energy Outlook data browser show. Annual average U.S. coal exports were 9.0 million short tons in 2024. US coal exports have increased each year since 2020, when they averaged 5.8 million short tons amid the COVID-19 pandemic.
US coal exports consist of both steam coal and metallurgical coal that are produced in the United States and sent to other countries. Steam coal, also known as thermal coal, is used by coal-fired power plants to generate electricity and by consumers to heat their homes or businesses. Metallurgical coal is used mainly to produce steel, so demand for metallurgical coal closely follows demand for steel.
In EIA's Short-Term Energy Outlook, it forecasts that US coal exports will exceed 10.0 million short tons in only two months during 2025 and 2026 — in December of each year.
Click here for free registration to Dry Bulk
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/04022025/us-coal-exports-reached-a-six-year-record-in-june-2024/
You might also like
Rocktree announces agreement to acquire bulk transportation operator Atria
Through this transaction, Rocktree will expand its global footprint across the commodities and agriculture value chain, including dry bulk, offering a broader range of services to new and existing customers. Rocktree will acquire Atria from Southern Cross Group, and the financial terms of the transaction were not disclosed.