Thursday, 03 March 2011 |steelorbis|
Abingdon, Virginia-based metallurgical and thermal coal supplier Alpha Natural Resources announced Tuesday that it will establish two international sales and development offices-one in Sydney, Australia and one in New Delhi, India.
The company has said that global market conditions for both metallurgical and thermal coal appear likely to continue to improve in 2011, driven by increasing demand primarily in Asia. Both offices will also serve to further develop and enhance trading opportunities, market intelligence and strategic relationships in the Asian markets.
"With the seaborne markets for both metallurgical and thermal coal in a growth mode, these two offices will help Alpha meet anticipated increased global demand in the long term," said Kevin S. Crutchfield, CEO of Alpha Natual Resources.
The company has said that global market conditions for both metallurgical and thermal coal appear likely to continue to improve in 2011, driven by increasing demand primarily in Asia. Both offices will also serve to further develop and enhance trading opportunities, market intelligence and strategic relationships in the Asian markets.
"With the seaborne markets for both metallurgical and thermal coal in a growth mode, these two offices will help Alpha meet anticipated increased global demand in the long term," said Kevin S. Crutchfield, CEO of Alpha Natual Resources.
Tags: coking coal , raw mat , USA , Australia , India , Oceania , Indian Subcon , North America , investments , steelmaking , mining , South Asia , Met Coke, , power plants, cement plant,
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