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Cyclone in Australia Could Disrupt Steel Production in Asia

Accepted submission by butthurt at 2017-04-04 00:58:40
Business

News Corp's The Australian [theaustralian.com.au] (archived copy [webcitation.org]) reports that

Cyclone Debbie is expected to disrupt up to $US3.2 billion ([A]$4.2 [billion]) worth of Queensland coking coal exports and rob customers in Asia of access to premium coal for five weeks as landslides shut down the [Goonyella] railway system that moves half the state’s coal exports.

Coke made from the coal is used for making steel in India, South Korea and Japan.

additional coverage:
Australian Financial Review [afr.com]
Hellenic Shipping News [hellenicshippingnews.com]
ABC News [abc.net.au]

further information:
about Goonyella railway [wikipedia.org]
about Cyclone Debbie [wikipedia.org]
about types of coal [coaljunction.in]

previous story:
A Cyclone Just Left a Shark on the Streets of Australia [soylentnews.org]


Original Submission