11
22
33Source: IISI / WSD
44Source: IISI / Consensus Economics (October 2003)/WSD
55Source: IISI & RAMCO Expert Group
66
JAPANRUSSIAUKRAINE
BELGIUM/LUXEMBOURGGERMANY
TURKEY
31.925.525.2
10.99.46.94.3
VIETNAMITALY
HONG KONGTHAILAND
CHINA USA
4.65.25.48.222.624.6
Source: IISI
77
88
37%
17%46%
99
1010Gongo Soco’s Mine - CVRD - Brazil
1111Source: IISI / RAMCO Expert Group/Tex Report
1212
1313Source: GTIS
1414Source: Coal Fax, Mc Closkey Coal Report, Japan Echo Fax News
1515Nr 1 Cokemaking Plant - USIMINAS - Brazil
1616Source: IISI
1717Source: IISI
1818Source: CRU International
1919
2020Source: IISI, CRU International, Baltic Daily Index
2121
2222
2323USIMINAS Plant (Ipatinga/Brazil)
2424
2525
2626