2014 candidate #3 and 4: The coal miners

In the previous article, I wrote about steel, and how coal is used to manufacture steel. Since demand for steel is expanding, so demand for coal too!

The price of coking coal grew about 5% since the end of the third quarter — for coal miner Walter Energy (WLT).

The chart for Suncoke Energy (SXC) is even stronger, breaking to a new 1-year high. Of course, this is not the time to buy yet, but I am definitely watching.