US coal production remained steady at 60.6m metric tonnes in July

US raw coal production remained steady in July at 60.6m metric tonnes (66.8m short tonnes), slightly down by 0.3% m-o-m and 2.7% higher y-o-y. Coal output is strongly supported by domestic and foreign demand. US coal consumption at TPPs increased to 285.6m metric tonnes (314.9m short tonnes) in H117, up 5.5% y-o-y. Similarly, US coal exports increased to 46.4m metric tonnes over Jan.-July period, up 63% y-o-y.

Protectionist policies favoured by the newly elected US president Donald Trump also support the domestic coal market. US withdrawal from the UN Climate Change Convention (Paris Agreement) is an example of that.

US coal output increased to 481.4m metric tonnes (530.7m short tonnes), up 33.1% y-o-y.

Source: EIA