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</html><description>The massive and historic floods in Australia have driven coal prices up. This is particularly important for steel since Australia exports 2/3 of the world&#x2019;s coal used for making steel (coking coal). Steelmakers have already been struggling with increasing input costs, so the Australian floods are sure to pinch profits further. At the close of ... Read more</description><thumbnail_url>http://drduru.com/onetwentytwo/wp-content/uploads/2011/01/110114_SLX.jpg</thumbnail_url></oembed>
