Thus domestic prices would reach $120–130 per t, production volumes of principal customer industry (metallurgy) growing and world prices amounting to $180+ per t since last year. But experts are not so sure whether steel price would rise high enough to set off metallurgists’ extra costs.
This would be the second surge in coal prices after it hit the bottom last year, 4Q2009 having witnessed 50 to 60 per cent leap.