NAE Chart, page-578

Some news from Wales:

http://www. telegraph.co.uk/  business/2017/01/15/danger-fresh-steel-crisis-eases-industry-wins-relief-green-taxes/

http://www.walesonline.co.uk/news/politics/year-terrifying-reports-job-losses-12453730

Aberavon MP Stephen Kinnock, who emerged as one of the highest profile politicians during the crisis, said: “For the Welsh and UK steel industry, and Port Talbot in particular, the past 12 months have felt like being at the end of a yo-yo, as the industry has plunged in and out of crisis.
“Not long after the redundancy announcement we had the on again off again sale, and now we have proposals on the table that could secure a sustainable future, but these come alongside some considerable changes that the workforce must agree to.


I think that the stars may be in process of aligning for NAE coking coal - steel need in the UK in the context of increasing import costs with GBP taking an interesting hit due to the reality of Brexit actually happening.

2 millions tonnes of steel still needed for HS2…