Pittsburgh-based Consol Energy's coal business largely depends on orders from utilities and steel companies which, in turn, depend on broader economic demand from consumers for electricity and steel-based products like automobiles and appliances because of ________.

Question

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The statement mentions that Consol Energy's coal business largely depends on orders from utilities and steel companies which, in turn, depend on broader economic demand from consumers for electricity and steel-based products like automobiles and appliances. This indicates that there is derived demand, where demand for coal is derived from the demand for electricity and steel products.

Pittsburgh-Based Consol Energy's Coal Business Largely Depends on Orders from Utilities