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The New World Economy and the Global Met Coal Market

The New World Economy and the Global Met Coal Market

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Published by AAOI2

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Published by: AAOI2 on Mar 30, 2012
Copyright:Attribution Non-commercial

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07/10/2013

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September 2010
Coal Marketing Days
1
The New World Economy andthe Global Met Coal Market
Don BlankenshipChairman & Chief Executive OfficerMassey Energy Company
September 28, 2010
 
September 2010
2
The New World Economy
Living 21
st
century global industrial revolution
Emerging nations economic growth
China 2010 milestones: No. 1 energy consumer, No.2 economy
Global urbanization and electrification driving steeldemand
The met coal outlook, supported by global growth,remains fundamentally strong and intact
 
September 2010
3
U.S. Economy -
Regcession or Regpression
Has shown resilience; leading the developedeconomies
Positives: demographics, manufacturing, steelproduction
Worrisome: unemployment, deficit, governmentactions
Still looking for direction: equities, housing,consumer confidence

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