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IEA Sees Global Coal Demand Rising in 2021 Assuming Economies Recover from Pandemic
Industry Segment: Metals & Minerals | Word Count: 900 Words
Attachment: Global Demand, China Demand, Coal Production, Demand by Region
SUGAR LAND, TEXAS--December 28, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global coal demand is expected to rise in 2021 after two years of declines, according to Coal 2020, an annual report on the black rock from the International Energy Agency (IEA) (Paris, France). But the agency's overall outlook to 2025, while noting several uncertainties, is that coal demand will mostly go sideways: it is expected to grow in some countries, such as China and India, but that will be offset by falling use in advanced economies like the U.S. and nations in the European Union.
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