MIKE WOOTTON
The price of coal has fallen from a peak of nearly $200/ton in 2008/9 to about $50 to $60 now. The price of oil has dropped from a peak of $110/bbl eighteen months ago to an 11-year low of $34, and the price of steel has slumped 57 percent over the last 12 months from $490/MT in December 2014, having hit its peak of $1265/MT in mid-2008.