Global thermal coal market still navigating stormy waters

The global thermal coal market finds itself navigating stormy waters, weighed down by historic highs in inventory, an oversupply glut, and sluggish demand amid a sluggish industrial backdrop and the steady rise of renewables. Major importers remain on the sidelines, and the outlook shows no silver lining. Inventories are bursting at the seams, with China and India’s domestic production firing […]