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The production in Jan-Mar of 2013 was 244,000 according to your own link. Over the same three months in 2019 it was down to 179,000 according to your own link.
by freddie_mercury 7y ago
The production in Jan-Mar of 2013 was 244,000 according to your own link.
Over the same three months in 2019 it was down to 179,000 according to your own link.
I'm not sure what you think needs to be explained. Coal production is down substantially.
- starik36 7y agoIt's steady to slightly up since 2016.
- roenxi 7y agoThis is an industry where 'quick' means happens in in 6 months and 'medium term' is about 5 years. Just because there was a worse low in 2016 than 2019 doesn't mean much. The more relevant perspective is that production is down more than 20% from 2013/2014 and comparable to 2016. The better baseline is about 5 years ago, because the strategic decisions made then are appearing today.