Peabody Energy sees FY13 CapEx $450M-$550M, ~50% below 2012 levels Says coal market demand rising in 2013 on higher steel production, generation. Sees global steel production growth of about 3%, says seaborne thermal demand expected to increase 40-50M tonnes on growing Asian demand. Sees U.S. coal generation rising 40-60M tons in 2013. Says sees FY13 U.S. production of 180M-190M tons. Comments from slides that will be presented at the Howard Weil Annual Energy Conference.
News For BTU From The Last 14 Days
Check below for free stories on BTU the last two weeks.