Anti-apartheid sentiment might hurt South African coal
The author discusses the effect of anti-apartheid actions on South Africa's position as the world's leading supplier of steam coal. Anti-apartheid economic sanctions by members of the EEC will not produce an immediate drop in tonnage because Western Europe will take coal already under contract. But Denmark and the Netherlands have already said they will phase out all contracts by 1990. Indications are that a number of other European countries will follow suit. However, it would be premature to write off South Africa as a coal trader. Ironically, economic sanctions and calls for disinvestment are likely to keep the rank weak and South African coal cheap for a long time. Cheap coal usually finds its way to market, despite political obstacles.
- OSTI ID:
- 6154137
- Journal Information:
- Coal Age; (United States), Vol. 90:10
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
01 COAL, LIGNITE, AND PEAT
COAL INDUSTRY
POLITICAL ASPECTS
SOCIO-ECONOMIC FACTORS
TRADE
SOUTH AFRICA
INTERNATIONAL RELATIONS
COMMON MARKET
ECONOMIC IMPACT
EXPORTS
MARKET
SANCTIONS
ADMINISTRATIVE PROCEDURES
AFRICA
EUROPEAN COMMUNITIES
INDUSTRY
INSTITUTIONAL FACTORS
INTERNATIONAL ORGANIZATIONS
294001* - Energy Planning & Policy- Coal
017000 - Coal
Lignite
& Peat- Legislation & Regulations