Coal Shortages Causing Power Outages in China

Energy and Steel: One Stock for Two Powerful Trends

As the global economy rebounds, steel prices have jumped from $129 per
metric ton to a range between $200 and $225 per metric ton. The pace of
economic expansion, combined with continued under supply of steel
suggests that steel will continue to trade $225 per metric ton and higher
in 2011.

In
China, rolling blackouts have been used to slow the country’s rising use
of coal as a heating source for homes and businesses. But use of
metallurgical coal for industry is taking off. China is the world