Join Colleagues and Industry Experts for the Foremost Conference on Coal in the Americas
Declining quality, shrinking markets in Europe, stiff competition and regulation rank among key issues facing the coal industry in Colombia and across the North and South American continents.
The 25th Annual Coal Conference of the Americas will address some of these key concerns, bringing together the most experienced decision-makers in the supply chain, as well as consumers.
The conference will address issues ranging from the country's infrastructure plans to the outlook for metallurgical coal meters. Attendees will also gain insight on steam coal supply and demand dynamics for the near future and the outlook for the freight market.
Since the beginning of the steam coal industry in Colombia until last year, the country's exports have been focused on Europe, with almost three-quarters of the nation's shipments booked for the continent between 2011 and 2015, while the Americas accounted for 21-24% and exports to Asia were minimal.
But in 2016, exports to the Asian markets, most notably South Korea, have risen to close to 10% of the total, at the expense of exports to Europe, while exports to the Americas have remained less than 30% of the total. Will this latest trend become the norm in the years to come?
And while Colombian shippers expand in Asia, how will they fare against rising competition from U.S. producers who are making inroads in their primary market, selling high-sulphur, high-c.v. coal at significant discounts which European generators blend with low-sulphur Russian coals?