Jump to content

Coal beats gold (and other commodities) amid coronavirus gloom


Recommended Posts


Coal’s image is increasingly that of a pariah fuel, demonised by environmentalists and shunned by investors wary of its role in climate change.

But one of the top performing commodities this year is coking coal, the higher-quality fuel used to make steel.



At times like these we could all be doing with some c0ke.

Edited by dmedin
Link to comment

But iron ore, steel and coking coal are pricing on the basis that a massive infrastructure and construction programme is coming, maybe even bigger than the 4 trillion yuan ($566 billion) package announced in the wake of 2008 global financial crisis.


Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...