Candidate Trump promised to make the U.S. coal industry great again, a promise that President Trump will likely find difficult – if not impossible – to fulfill due to the competition from cheap natural gas. However, today’s article notes that there is “a small sub-section of the coal sector…gearing up for a Trump-inspired boom.” That sub-section? Metallurgical coal, which is used by steel makers rather than power plants – and thus stands to benefit from Trump’s extensive infrastructure plans. To read more about the outlook for metallurgical coal – as well as for some publicly traded met coal producers that could benefit, CLICK HERE.
The Coal Sub-Sector That Trump May Make Great Again (And The Companies That Could Benefit)
Tags:Benefit of CoalBoomCheap Natural GasCoal IndustryCoal SectorInfrastructureInvestInvestmentInvestorMetallurgical CoalPresident TrumpUS Coal