Goldman Sachs cuts 2013-14 met coal prices, predicting a slower, longer grind back to mid-cycle....
Goldman Sachs cuts 2013-14 met coal prices, predicting a slower, longer grind back to mid-cycle. The firm says reductions to its forecasts for China, Europe and Japan seaborne imports mean less Australia and U.S. exports should be needed. Goldman remains neutral on U.S. coal stocks, but cuts price targets for ANR, ACI, CNX, BTU, SXC and WLT.
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